DOE Awards Clean-Energy Manufacturing Tax Credits to Two SSL Manufacturers – Two SSL manufacturers are among the 12 businesses that collectively will receive a total of more than $150 million in clean-energy tax credits: The SSL awardees:
- OSRAM SYLVANIA Inc. has developed energy-efficient, cutting-edge single-point LED systems for automotive low/high beam projectors, reducing wattages by approximately 70 percent. The tax credit allows the expansion of production capacity.
- Cree, Inc. will expand its manufacturing footprint, including the purchase, installation, and proprietary modification of new machinery that will allow the company to produce 304 million next-generation LED lighting systems.
More information on these awards is available on the DOE website