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Clean energy investments in U.S. communities historically reliant on fossil fuels have more than doubled to $4.5 billion per month due to Biden administration tax credits. Among the investments are battery industry suppliers in Kentucky that are taking advantage of IRA clean energy manufacturing tax credits that provide up to 30% of the investment costs, with a 10% bonus if located in a community historically dependent on fossil fuel energy or one that is economically disadvantaged. These investments are projected to create thousands of jobs in Kentucky alone.

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