Prolec GE USA LLC (48C Self-Disclosed)

Prolec GE USA is expanding its Shreveport, LA facility to manufacture substation and pad-mount electrical transformers used in wind farms, solar parks and other industrial and renewable energy applications, investing in state-of-the-art manufacturing equipment and the installation of a third production line that will help ease U.S. transformer supply chain concerns. Additional investment dollars are being used to upgrade the existing 500,000 square foot facility and infrastructure to increase Prolec GE's efficiencies and reduce waste while providing a better work environment and accommodating capacity increases for its traditional voltage regulator and network transformer customers.

The U.S. Department of Energy (DOE) released applicant self-disclosed information for 22 projects across 17 states that voluntarily shared with DOE that they received a total of nearly $1 billion in allocations from the Qualifying Advanced Energy Project Credit (48C). Nine of the self-disclosed projects indicated they are located in 48C energy communities – communities with closed coal mines or coal plants—showcasing the Biden Administration’s commitment to investing in America’s energy communities.