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Megadeals
Subsidy Tracker Parent Company Summary
Parent Company Name: Energy Conversion Devices
Ownership Structure: out of business
Headquartered in: Michigan
Major Industry: miscellaneous energy products and systems
Specific Industry: energy products
Subsidy Summary | Subsidy Value | Number of Awards |
State/Local | $121,377,860 | 4 |
Federal (grants and allocated tax credits) | $36,485,446 | 4 |
TOTAL | $157,863,306 | 8 |
Loan / Bailout Summary | Total Face Value | Number of Awards |
State/Local loans, bond financing and venture capital | $0 | 0 |
Federal loans, loan guarantees and bailout assistance (not including repayments) | $0 | 0 |
TOTAL | $0 | 0 |
Time Period for State and Local Awards: Earliest year of data: 2001. Availability of data for earlier years varies greatly from program to program. The majority of the listings for this parent company are for the period since 2008.
Time Period for Federal Awards: FY2000 to the present
Notes: The dollar total above adjusts for the fact that there is an overlap between the amount in the Megadeal entry and that of one or more of the other entries. Dollar totals do not include awards for which no subsidy value is disclosed.
Top 5 States for state/local awards | Total Subsidy $ | Number of Awards |
Michigan | $121,377,860 | 4 |
Individual Subsidy Records:
Click on the company name for more information on each subsidy award.
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Company | Location | Subsidy Source | Year | Subsidy Value | Loan/Bailout Value | Type of Subsidy |
United Solar Ovonic, LLC | United States | federal | 2010 | $13,275,000 | | federal allocated tax credit |
United Solar Ovonic LLC | United States | federal | 2007 | $3,371,412 | | federal grant |
Energy Conversion Devices Inc. | United States | federal | 2006 | $950,000 | | federal grant |
United Solar Ovonic LLC | United States | federal | 2007 | $18,889,034 | | federal grant |
United Solar Ovonic, LLC | Michigan | state | 2009 | $25,000 | | training reimbursement |
United Solar Ovonic Corporation | Michigan | state | 2010 | $13,860 | | training reimbursement |
ENERGY CONVERSION DEVICES INC. | Michigan | local | 2001 | undisclosed | | property tax abatement |
UNITED SOLAR OVONIC LLC | Michigan | local | 2005 | undisclosed | | property tax abatement |
United Solar Ovonic, LLC | Michigan | state | 2009 | $24,439,000 | | tax credit/rebate |
UNITED SOLAR OVONIC LLC | Michigan | local | 2007 | undisclosed | | property tax abatement |
UNITED SOLAR OVONIC LLC | Michigan | local | 2008 | undisclosed | | property tax abatement |
UNITED SOLAR OVONIC LLC | Michigan | local | 2008 | undisclosed | | property tax abatement |
UNITED SOLAR OVONIC LLC | Michigan | local | 2008 | undisclosed | | property tax abatement |
United Solar Ovonic (no longer operating) | Michigan | multiple | 2008 | $96,900,000 | | MEGADEAL (Archived) |