With the help of additional funding, your business can continue to grow and innovate with advanced equipment, technology, and expanded operations. As countries aim to protect the environment and reduce carbon emissions, renewable energy such as wind and solar, will be at the forefront of the industry. Additionally, oil and gas companies will evolve and shift their business models to increase production capacity, comply with changing regulations, and promote domestic energy independence. Claiming these tax incentives can help your energy technology company fund effective, efficient, and sustainable growing practices that empower innovation. For companies in the energy technology industry, the Research & Development Tax Credit, Energy Efficiency Incentives, and State and Local Tax Analysis are government incentives designed to drive environmental sustainability and further innovation.