President Obama Announces Winners of $2.3 Billion In New Clean Energy Manufacturing Tax Credits

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On January 8, 2010, President Obama announced the selection of 183 projects to receive a 30-percent tax credit for investments in manufacturing facilities for clean energy technologies. The federal government will provide $2.3 billion in such tax credits to manufacturing projects located in 43 states. The tax credit program would leverage an additional $5.4 billion in private sector funding and—through the combined public/private funding—is anticipated to create up to 41,000 new "green" jobs.

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