The eleventh-hour rules come just over two weeks before President-elect Donald Trump again takes office. He is expected to ...
Last year, the administration selected seven hydrogen hubs to receive up to $7 billion from the 2021 bipartisan ...
Plug Power shares surged for a second straight session on new tax credit rules for clean hydrogen production. Last week, the ...
Hydrogen projects had been waiting for the rules, which determine what ventures are eligible for incentives under the 2022 ...
The U.S. Treasury Department intends to release guidance on how to access tax credits for hydrogen production under the 2022 ...
Most projects angling for 45V subsidies make low-carbon hydrogen by using electricity to split water molecules or by using heat to split methane. To qualify, the electrolysis route requires a supply ...
Today, the U.S. Dept. of the Treasury and IRS released final rules for the section 45V Clean Hydrogen Production Tax Credit established by the Inflation ...
The final rule for clean-hydrogen production would allow some nuclear power plants that are at risk of retirement to produce ...
The US Treasury department announced the final rules for the section 45V Clean Hydrogen Production Tax Credit.
The Biden administration said on Friday nuclear power plants will be able to secure lucrative tax credits for production of ...
Finalized requirements by the Biden administration Treasury Dept. are set to spur construction of more hydrogen production facilities, particularly those that can manufacture 'green' hydrogen sourced ...
The U.S. Department of the Treasury and IRS on Jan. 3, 2025, released final regulations regarding the production tax credit (PTC) for hydrogen ...