The MTC offers a 30% credit “for investments in new, expanded, or re-equipped advanced energy manufacturing projects,” according to the Department of Energy (DOE). The American Recovery and Reinvestment Act authorized credits worth up to $2.3bn, expected to support investments of about $7.7bn.
Industry leaders have praised the effort, but lamented the fact that too few projects would be able to take advantage of it because of the $2.3bn
