Global Trade Alert
Global Trade Alert

United States of America: Introduction of tax credits worth USD 135.9 million for Topsoe SOEC Production US Inc under the Advanced Energy Project Credit Program

Announcement

19 Apr 2024

In April 2024, the US Department of Energy announced financial assistance under the Advanced Energy Project Credit Program.

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

1 in force

Implementation date

19 Apr 2024

Revocation date:

No revocation date

Tax or social insurance relief In force

On 19 April 2024, the Department of Energy awarded Topsoe SOEC Production US Inc an investment tax credit worth USD 135.9 million. This funding will enable Topsoe to construct a factory for manufactur...

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