The global shift towards renewable energy sources is undeniable, and green hydrogen is emerging as a key player in this ...
The tax credit, called 45V, was established through the Inflation Reduction Act and is worth up to $3 per kilogram of hydrogen production. To qualify, companies have to meet strict requirements to ...
Industry thought leaders indicate that the changes in the final rules for the 45V tax credits are positive, but they will not ...
Large credits for ... Reduction Act (IRA), as Reuters reports. The rules are expected out later this week, and will explain how hydrogen producers like Plug Power (the company not only produces ...
Australia-based Syrah Resources, through its subsidiary Syrah Technologies, has been awarded a tax credit of $165-million ...
The tax credits make its hydrogen more competitive. But the company continues to lose money ... is the news that Plug Power wanted regarding IRA tax benefits, it remains unclear what, if anything ...
Trump has said he will gut the IRA, Biden’s signature climate law ... and finishing guidance on how companies can secure credits for green hydrogen, produced from renewable energy and needed to ...
The rules outline how companies can obtain tax credits for hydrogen under the 2022 Inflation Reduction Act. For some of the biggest perks, the rules target hydrogen produced with renewable energy ...
The Biden administration finalized rules meant to boost domestic production of hydrogen fuel through a new tax credit, a move that might also keep struggling nuclear power plants on line for longer.
The U.S. Treasury Department is gearing up to give new guidance on tax credits for hydrogen production under the 2022 Inflation Reduction Act (IRA), as ... Plug Power (the company not only ...