Federal instrument · Tax credit
Section 48C Advanced Energy Project Tax Credits Certified for NOVONIX Riverside (April 2026)
On 9 April 2026 NOVONIX announced that the U.S. Government had certified its Riverside project in connection with US$103 million of tax credits previously allocated under the Section 48C Advanced Energy Project Credit Program. The credits are payable when NOVONIX places its first 11,000 tpa of production in service, provided that occurs before 7 April 2028, and can be sold to a third party. The company release does not state when the original allocation was made, so only the certification is dated here.
Financial state: Obligated
Program: Qualifying Advanced Energy Project Credit (48C) · U.S. Department of the Treasury / IRS
Primary source: NOVONIX Limited · published Apr 9, 2026
Terms
| Allocation | $103M (US$103 million of Section 48C tax credits previously allocated and certified in connection with the Riverside project, as announced by NOVONIX) |
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Immutable financial events
- Apr 9, 2026 · Obligated
Sources
- NOVONIX Limited · published Apr 9, 2026 · retrieved Aug 13, 2026 · archive unavailable: Wayback verification blocked by archive.org outage on 2026-08-12; recheck on a weekly pass