Tuesday, October 27, 2020
Home Middle Column Two More Stimulus-Backed Solar Companies Announce Layoffs

Two More Stimulus-Backed Solar Companies Announce Layoffs

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Both companies benefited from the Energy Department’s stimulus-funded Advanced Energy Manufacturing (48C) Tax Credit. The 48C credit is worth up to 30% of the cost of manufacturing qualifying green energy projects. SolarWorld received a credit worth $82 million, while SunTech’s was worth $2.1 million

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