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A boom in clean-energy manufacturing is fast getting under way across the U.S. Factories are suddenly cranking out everything from solar and wind equipment to batteries and low-carbon fuel. Corporate investment dollars, spurred by new tax breaks, are transforming the U.S. from an also-ran in alternative energy to a real player, lifting the fortunes of a number of companies.
Since President Joe Biden earmarked $370 billion for clean energy in the Inflation Reduction Act in August, there have been 76 announcements of clean-energy projects, notes Credit Suisse Of those, 40 specified dollar amounts, totaling $77 billion.
Source: finance.yahoo.com
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