Shares of Plug Power are rallying sharply Monday afternoon. The US Senate has extended a crucial clean energy tax credit.

The Treasury Department has released its final, and expanded, guidance on an Inflation Reduction Act tax credit meant to boost investment in hydrogen, creating a pathway for the credits to be ...

"The new administration has indicated that they're not the biggest fans of green energy tax credits under the [Inflation Reduction Act], both of which 40 5q and 40 5v have been either implemented ...

Hydrogen startups are widely seen as a promising way to eliminate fossil fuels from heavy industry and long-haul transportation. The wait ended today, with the Treasury announcing final rules for ...

Under the 45V credits, hydrogen project developers that release the lowest levels of greenhouse gas emissions can claim the highest deductions: for clean hydrogen—up to $3/kg.

The hydrogen tax credit was meant to bridge that gap and jump-start a new industry, by providing up to $3 for every kilogram of “clean” hydrogen that companies produce over the course of a decade.

A leaked draft of Treasury Department rules for hydrogen tax credits in President Joe Biden’s climate law is drawing warnings from advocates that they may stifle the burgeoning industry.

While Trump’s proposed tax bill cuts back the 45V credits, it leaves intact 45Q tax credits for carbon sequestration that offer an alternative form of support for blue hydrogen projects. The 45Q ...

The Inflation Reduction Act of 2022 included a first-of-its-kind hydrogen tax credit, including $3 per kilogram for green hydrogen projects.

Electric Hydrogen, a Natick-based company constructing a factory in Devens that will build electrolyzer stacks used to produce green hydrogen, has received $18.4 million in federal tax credits ...