Manufacturer Gets $75 Million in Tax Credits to Boost Fuel Cell Production
FREMONT, CA—Bloom Energy Inc. has been awarded up to $75 million in tax credits from the federal government to expand domestic manufacturing of solid oxide fuel cells at its assembly plant here.
The funding is part of the $4 billion in tax credits recently announced by the White House under the Qualifying Advanced Energy Project Tax Credit to accelerate domestic clean energy manufacturing and reduce greenhouse gas emissions at industrial facilities.