Nel ASA secures an additional $29 million in tax credits for manufacturing in Michigan


  • A subsidiary of Nel ASA (OTCPK:NLLSY) awarded up to about $29 million in additional investment tax credits for its planned manufacturing expansion in Michigan as part of the Qualified Advanced Energy Projects Tax Credit program.
  • Accumulated, Nel (OTCPK:NLLSY) has now secured nearly $200 million in support in both tax credits and other grants from the State of Michigan and the Department of Energy.



Source link

  • Related Posts

    Trump plans to step up immigration enforcement soon after inauguration, source told Reuters

    WASHINGTON (Reuters) – The incoming administration of U.S. president Donald Trump plans to step up immigration enforcement across the country after he takes office on Monday, a person with knowledge…

    ‘Genshin Impact’ publisher settles US charges of violating children’s privacy By Reuters

    By Kanishka Singh WASHINGTON (Reuters) – Cognosphere, the publisher of the anime-style fantasy video game “Genshin Impact,” has agreed to pay $20 million to settle allegations by the U.S. Federal…

    Leave a Reply

    Your email address will not be published. Required fields are marked *