The U.S. Department of the Treasury and the IRS released final rules for the Advanced Manufacturing Production Credit (Section 45X of the Internal Revenue Code), to spur continued growth of U.S. renewable energy manufacturing.
Wind Energy Technologies Office
November 8, 2024
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The U.S. Department of the Treasury and the IRS released final rules for the Advanced Manufacturing Production Credit (Section 45X of the Internal Revenue Code), to spur continued growth of U.S. renewable energy manufacturing. 45X provides per-watt credits for production of certain renewable energy components, including wind blades, nacelles, towers, offshore wind foundations, and specialized offshore wind vessels.
For more information on wind energy tax credits, see WINDExchange: Production Tax Credit and Tax Credit for Wind Energy.