Department of Energy Shares Applicant Self-Disclosed Projects Receiving Clean Energy Manufacturing Investments in America’s Industrial and Energy Communities

WASHINGTON, D.C. — The U.S. Department of Energy (DOE) today released applicant self-disclosed information for 22 projects across 17 states that voluntarily shared with DOE that they received a total of nearly $1 billion in allocations from the Qualifying Advanced Energy Project Credit (48C). Nine of the self-disclosed projects indicated they are located in 48C energy communities – communities with closed coal mines or coal plants—showcasing the Biden Administration’s commitment to investing in America’s energy communities.  

“President Joe Biden and Vice President Kamala Harris led the nation to a manufacturing renaissance and the positive ripple effect of this Administration’s robust industrial strategy will be felt by communities across the nation for generations,” said U.S. Secretary of Energy Jennifer M. Granholm. “Thanks to this historic agenda, we are leveraging the infrastructure, expertise, and grit of America’s energy communities—where the workers that powered our energy past, will power our energy future.” 

The Inflation Reduction Act and Bipartisan Infrastructure Law are leading to announcements of historic levels of private sector investments in the United States, bringing manufacturing back to America after decades of offshoring, and creating good-paying clean energy jobs—including union jobs—across the nation. The projects disclosed today illustrate key step to improve the nation’s energy security and economic and industrial competitiveness, while creating high-quality jobs across the country.  

The 48C statute requires publication of the names of all organizations with certified projects and the amount of their allocation after projects meet certain project readiness criteria required for certification.  After receiving an allocation and prior to certification, organizations may voluntarily choose to share information about their allocation. 

The organizations listed below affirmatively and voluntarily chose to self-disclose their name and project information to the Department of Energy outside of the 48C Program, and the information below does not constitute federal tax information. 

• Ardent Process Technologies: $3.1 million credit allocation to produce advanced membranes for CO2 capture of industrial flue gas in New Castle, Delaware. 
• AtmosZero, Inc.: $24.3 million credit allocation to produce modular, scalable air sourced steam generating heat pumps in Loveland, Colorado. 
• Epsilon Advanced Materials Inc.: $115.5 million in credit allocations to produce active anode material for U.S. battery manufacturers in Leland, North Carolina. 
• Framatome Inc.: $3.4 million credit allocations to produce nuclear fuel assemblies in Richland, Washington. 
• Framatome Inc.: $1 million in credit allocation to produce components for nuclear reactors in Lynchburg, Virginia. 
• General Matter, Inc.: $90 million credit allocation to add manufacturing capacity for uranium enrichment to serve nuclear energy in Plymouth, Washington. 
• GlassPoint, Inc.: $167 million in credit allocation to deploy concentrated solar power with thermal energy storage at an industrial facility in Trona, California. 
• Gunnison Copper - Nuton (fka Excelsior-Nuton): $13.8 credit allocation to produce grade A copper cathode in Dragoon, Arizona, to serve electrical vehicle and solar technology manufacturers and the defense sector.  
• Hydro Aluminum: $17 million credit allocation to produce recycled aluminum in Henderson, Kentucky. 
• Hyosung HICO, Ltd.: $11.4 million credit allocation to produce large power transformers in Memphis, Tennessee. 
• LANXESS Corporation: $1.1 million credit allocation to produce to battery-grade PCl3, essential for producing a critical battery component in electric vehicle (EV) batteries and energy storage systems, in Charleston, South Carolina. 
• Michelin North America: $12.8 million credit allocation to upgrade and decarbonize an industrial facility producing synthetic rubber for tires, liquid fuel binder for NASA rocket fuel in Louisville, Kentucky. 
• OnePlanet Solar Recycling: $14.5 million credit allocation to construct a state-of-the-art solar module recycling facility that will produce glass, aluminum, copper and silicon for reintroduction into domestic supply chains in Cove Springs, Florida. 
• Permascand USA Inc.: $13.6 million credit allocation to produce high-efficiency electrodes for use in hydrogen production in Houston, Texas. 
• Proton Energy Systems, Inc. d/b/a Nel Hydrogen US: $29.4 credit allocation to produce electrolier stacks for electrolyzers in Plymouth Charter Township, Michigan 
• Puraglobe HL Tampa, LLC: $64.8 million credit allocation to produce sustainable base oils in Tampa, Florida to serve the American automotive and industrial sector. 
• Stark Compression, LLC, a Stark Tech business: $1.9 million credit allocation to produce equipment to process renewable natural gas from methane from landfills and biogas facilities in Tonawanda, New York. 
• Sublime Systems: $46.7 million credit allocation to produce Highly Decarbonized Cement in Holoyoke, Massachusetts. 
• Syrah Technologies LLC: $164.5 million credit allocation to produce natural graphite active anode material in Vidalia, Louisiana to supply the lithium-ion battery supply chain  
• The Solaray Corporation: $15 million credit allocation to construct a processing and recycling facility for solar modules to produce critical materials, including aluminum and cooper, in Honolulu, Hawaii. 
• Vitro Flat Glass LLC: $67.6 million credit allocation to produce patterned glass lites for solar photovoltaic modules in Wichita Falls, Texas. 
• Westinghouse Electric Company: $72.6 million credit allocation to manufacture advanced nuclear fuel assemblies in Hopkins, South Carolina to serve the domestic nuclear energy industry. 

A list of all companies that voluntarily disclosed receiving a 48C tax credit allocation is available here.  

The IRS previously announced making ~$10 billion in total tax credit allocations through two rounds of the 48C program, including ~$4 billion in allocations to projects located in designated § 48C energy communities, to approximately 250 projects across more than 40 states. The IRS announcement indicated the allocations include $6.5 billion for clean energy manufacturing and recycling projects, $2.3 billion for critical materials recycling, processing, and refining projects, and $1.2 billion for industrial decarbonization. Collectively, these projects represent private infrastructure and manufacturing investments of over $44 billion dollars. 

Companies that wish to be publicly listed by Department of Energy as recipients of the 48C program may submit their opt-in form to the Department of Energy to be featured in ongoing announcements. Learn more about the Qualifying Advanced Energy Project Credit (48C), which is managed by DOE’s Office of Manufacturing and Energy Supply Chains.