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 ...

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 ...

Plug Power shares surged for a second straight session on new tax credit rules for clean hydrogen production. Last week, the Treasury Department issued the final rules for the tax credits spelled out ...

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 ...

On January 3, 2025, the U.S. Department of the Treasury (Treasury) and the Internal Revenue Service (IRS) issued final regulations (Regulations) ...

SLINGERLANDS, N.Y. - Plug Power Inc. (NASDAQ: NASDAQ:PLUG), a provider of hydrogen solutions currently valued at $1.9 billion, has increased its liquidity by $30 million through a transaction ...

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 ...

The IRA introduced new tax credits for hydrogen ... Company has deployed more than 69,000 fuel cell systems and over 250 fueling stations, more than anyone else in the world, and is the largest ...

Inc. (NASDAQ: PLUG), a global leader in comprehensive hydrogen solutions for the green hydrogen economy, boosted its ...