Biden Administration Invests $4B in Clean Energy and Decarbonization Projects Nationwide

$4 billion in tax credits allocated to over 100 clean energy and industrial decarbonization projects across 35 states
Projects expected to create jobs, lower energy costs, and support climate, supply chain, and energy security goals
$1.5 billion going to projects in historic energy communities like those with closed coal mines or plants
Projects span clean energy manufacturing, critical mineral refining, and industrial decarbonization across sectors
Second round of §48C tax credit program anticipated this summer with concept paper submission window