TL/DR –
US Sen. Joe Manchin has urged West Virginia manufacturers to apply for the second round of Inflation Reduction Act’s 48C Qualifying Advanced Energy Project Credit program funding. The second round will make up to $6 billion available, with at least $2.5 billion reserved for projects in coal communities. The 48C portal for submitting concept papers, which opened on 22 May, closes on Friday, 21 June.
Manchin Urges West Virginia Manufacturers to Apply for Energy Project Credit Program
U.S. Sen. Joe Manchin, a prominent figure on the U.S. Senate Energy and Natural Resources Committee, is encouraging West Virginia manufacturers to apply for the second round of the Inflation Reduction Act’s 48C Qualifying Advanced Energy Project Credit program. The initiative, which aims to incentivize companies at the forefront of energy technologies to reinvest in coal communities, has up to $6 billion available in its second round, with at least $2.5 billion reserved for projects in coal areas.
Manchin had previously spoken to business and community leaders in West Virginia to promote the program. The application process for the energy project credit program began on May 22, with the deadline set for June 21.
“Communities that have powered our nation should be prioritized as we invest in the future of energy technologies,” said Manchin. “These investments will not only strengthen our energy security, but will also create jobs and economic opportunities in regions where we have the skill set to usher in a new era of domestic manufacturing.”
He continued, “I encourage all eligible West Virginia companies to apply and continue our state’s legacy as America’s energy powerhouse.”
To learn more about applying for the 48C program, visit the clean energy infrastructure homepage on the Energy Department’s website.
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