The US Department of Energy (DOE) announced $150 million in clean energy tax credits to 12 businesses to build US capabilities in clean energy manufacturing; $98 million of that goes to five automakers and suppliers towards investments in domestic manufacturing equipment.

The awards are made through the Advanced Energy Manufacturing Tax Credit program (48C Program).

The Departments of Energy and the Treasury worked in partnership to develop, launch, and award the funds for this program.

The Advanced Energy Manufacturing Tax Credit authorized Treasury to provide developers with an investment tax credit of 30% for the manufacture of particular types of energy equipment. Funded at $2.3 billion, the tax credit was made available to 183 domestic clean energy manufacturing facilities during Phase I of the program.

The Phase II awards were launched to utilize $150 million in tax credits that were not used by the previous awardees and support projects that must be placed in service by 2017. Awards to automakers and suppliers are:

• Ford $30 million
• Corning  $30 million
• General Motors $20 million
• Delphi Automotive Systems (GM) $10.6 million
• MC Ionic Solutions $7.4 million