Over the Next Decade in Massachusetts, Advanced Energy Tax Credits Will Generate:
$143B New Private Sector Investments
$33.5B New Manufacturing Investments
Monson I
- Status: Operational
- Location: Monson, MA (Hampden County)
- Congressional District: Massachusetts 1st
- Technology(s): Solar
- Relevant Tax Provision(s): Investment Tax Credit (ITC)
- Fast Fact:
- Monson I provides 3 MW of solar power to the town of Monson, MA.
Factorial Energy
- Status: Operational
- Location: Methuen, MA (Essex County)
- Congressional District: Massachusetts 3rd
- Technology: Battery Manufacturing
- Relevant Tax Provision: Manufacturing Production Tax Credit (45X)
- Fast Facts:
- Factorial Energy opened its battery manufacturing facility in Methuen, MA in 2023. Factorial invested $50 million and at full capacity, the facility will create 150 local jobs.
- The 200 MWh factory will be the largest solid-state battery assembly line in the U.S.
- Thanks to the Manufacturing Production Tax Credit (45X), Factorial will build its solid-state battery cells here in the U.S., bolstering the domestic supply chain for critical minerals and batteries.