California Offers Tax Breaks to Clean Energy Manufacturing Companies
* Bowerman Power LFG LLC, which is planning a landfill-gas capture and production facility in Irvine. The company’s anticipated sales tax exclusion is $840,840, based on qualified property purchases of $9.2 million.
* ABEC Bidart Stockdale LLC, which is building two biogas capture and production facilities in Bakersfield. The company’s combined tax exclusion would be $534,132 for the two facilities, based on qualified property purchases of $5.9 million.
* First Solar would see a tax exclusion of $3.4 million, based on qualified purchases of $37.7 million for a PV manufacturing facility in Santa Clara.
* Solyndra would see a sales tax exclusion of $34.8 million, based on qualified purchases of $381.8 million, for its Solyndra Fab 2 PV manufacturing facility in Fremont.
* Solaria can expect a tax exclusion of $709,800, based on its $7.8 million in property purchases for a PV manufacturing facility in Fremont.
* Nanosolar can expect a tax exclusion of $12.8 million, based on qualified property purchases of $140.2 million for its solar PV manufacturing facility in San Jose.
* Stion Corp. can expect a $9.6-million tax exclusion over the three-year period, based on its qualified purchases of $105.5 million for a PV manufacturing facility in San Jose.
* NuvoSun Inc. can expect a $1.8-million tax exclusion based on its qualified purchases of $20 million for a PV manufacturing facility in Milpitas.
* Calisolar Inc. can expect a tax exclusion of $3.5 million based on its qualified purchases of $39 million for its solar PV manufacturing facility in Sunnyvale.
* Bloom Energy can expect a $3.4-million tax exclusion for its purchases of $37.4 million for a solar-oxide fuel-cell systems manufacturing facility in Sunnyvale.
* Gallo Cattle Co. can expect a $113,295 tax exclusion for its $1.2 million in qualified purchases for a biogas capture and production facility in Atwater.
Climate hawk Governor Arnold Schwarzenegger signed SB 71, from Sen. Alex Padilla (D-Pacoima), in March. The bill authorizes CAEATFA to approve projects for the sales-and-use tax exemption.
Let’s hope this time this support for clean energy development stays in the US. The last time so much was invested in clean energy development here, was during the Carter era, with Jerry Brown as Governor of California.
That time, Germany and Japan inherited California’s leadership and grew into the clean energy leaders of the last few decades. Let’s hope our current governor’s legacy won’t be similar.
Image: Archithings
Related stories:
Bloom makes Lower Carbon Energy in Tennessee
Solyndra Wins DOE Funding
Solyndra Gets Biggest Chunk of Utility Solar Tariff
Susan Kraemer@Twitter
Have a tip for CleanTechnica? Want to advertise? Want to suggest a guest for our CleanTech Talk podcast? Contact us here.
Latest CleanTechnica.TV Video
CleanTechnica uses affiliate links. See our policy here.
