PROJECT FINANCE

US announces further $6B in tax credits

Around a quarter of the funding is going to critical mineral projects

US president Joe Biden at the General Motors electric vehicle assembly plant in Detroit in 2021. Credit: White House/Adam Schultz

US president Joe Biden at the General Motors electric vehicle assembly plant in Detroit in 2021. | Credits: White House/Adam Schultz

The US Department of the Treasury and Internal Revenue Service (IRS) announced US$6 billion in tax credits for clean energy and critical materials projects. The funding is part of the second round of...

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