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AE Polysilicon scores $44.85 Million US Manufacturing Tax Credit

Investing in BB (bee-bee) sized solar granular polysilicon.

On January 8, 2010, “President Obama Awards $2.3 Billion for New Clean-Tech Manufacturing Jobs” announced the awards for ARRA (American Recovery and Reinvestment Act of 2009) Advanced Energy Manufacturing Tax Credits for one hundred eighty three (183) projects in forty-three (43) states including AE Polysilicon Corporation in Pennsylvania.

Per “AE Polysilicon Awarded $44.85M U.S. Tax Credit”, Motech Industries Inc. (TPO:6244):
announced its subsidiary, AE Polysilicon Corporation, has been awarded a tax credit of US$44.85 million for Phase I under section 48C of the IRS Tax Code by the U.S. Department of Energy (DOE).
“This is a great news for us and it will provide an incredible return on investment once we are in production.” said York Tsuo, President of