Warnock’s Energy Report Highlights Bartow Projects
TL/DR –
US Senator Raphael Warnock’s report covers the clean energy tax credits in the Inflation Reduction Act and includes clean energy projects in Bartow County, Georgia. Notably, the Act includes key provisions to incentivize domestic clean energy manufacturing, such as the Advanced Manufacturing Production Credit, the Qualifying Advanced Energy Project Credit, and the New Clean Vehicle Credit. The report highlights four projects in Bartow County in the solar and battery industries, which are expected to create over 6,000 jobs and invest more than $7.8 billion.
Senator Raphael Warnock Highlights Clean Energy Tax Credits in New Report
U.S. Senator Raphael Warnock released a report featuring clean energy tax credits in the Inflation Reduction Act, including Bartow County projects. Titled “Supercharged: Georgia’s Clean Energy Boom After the Inflation Reduction Act,” the report emphasizes the potential of the Act to boost private sector investment and economic growth, particularly in domestic clean energy manufacturing.
Notable provisions of the legislation include the Advanced Manufacturing Production Credit (45X credit) and the Qualifying Advanced Energy Project Credit (48C credit), which stimulate the production of solar and wind energy components domestically and support energy manufacturing facilities. Additionally, the New Clean Vehicle Credit (30D credit) provides up to $7,500 to qualified buyers of new clean energy vehicles, reshoring automotive industry supply chains.
“The numbers speak for themselves,” said Matt Krack, Warnock’s press secretary. “The report highlights four Bartow County projects in the solar and battery industries, representing an anticipated 6,152 jobs and over $7.8 billion investments. Georgians risk losing these economic opportunities without the clean energy tax credits and federal government’s commitment to invest in Georgia’s clean energy economy.”
Projects in Warnock’s report include Qcells, SunMaxTech, Hyundai and SK On, and Hanwha Advanced Materials Georgia. The Democrat Senator also highlighted bipartisan support for clean energy projects and the importance of maintaining clean energy tax credits.
“Support for clean energy projects in Georgia ranges across the political spectrum,” Warnock’s report stated. “Several House and Senate Republicans have urged their leadership to maintain the clean energy tax credits. Private sector investments in clean energy, incentivized by IRA tax credits, would ‘increase domestic manufacturing, promote energy innovation, and keep utility costs down.'”
The report also showed that most of the projects are in red districts. “Nationwide analyses show that the “vast majority” of projects announced following the IRA have gone to House districts held by Republicans. This is especially true in Georgia: 83% of the projects, 94% of the total investment, and 75% of the jobs are in Republican districts.”
Warnock’s report also noted that 51 clean energy businesses have announced projects in the state with over $28 million in investments. “We do not have to choose between the economy and the ecology; by investing in our clean energy economy, we are providing new job opportunities for Georgians,” Warnock said. “I will continue fighting to protect those Georgia jobs and investments, largely benefitting our rural communities.”
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