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

Trump's tax bill would bring forward the deadline for projects to qualify for the 45V credits, requiring them to begin construction by January 1, 2026 compared with the previous deadline of ...

(The Center Square) – During a Wednesday hearing of the Senate Energy Committee, U.S. Sen. Maria Cantwell, D-Wash., aggressively questioned Energy Secretary Chris Wright about Republican efforts ...

Air Products, which will operate a major hydrogen facility in Louisiana, reported receiving $19.7 million in federal tax credits in 2024.

The committee would also permanently beef up the child tax credit to $2,200, in contrast to the House, which would increase the credit to $2,500 from 2025 through 2028.

The $10,000 cap, which was instituted by the 2017 Tax Cuts and Jobs Act, was a major sticking point in the House negotiations. Speaker Mike Johnson worked out an agreement with GOP lawmakers from ...

The GOP-led Senate Finance Committee on Monday released its proposal for President Donald Trump’s agenda bill that calls for enacting sweeping cuts to Medicaid and preventing a multi-trillion ...

How senators ultimately treat Biden’s clean energy tax credits will be included in the Senate Finance Committee’s section of the bill, which might not emerge until next week.

Tax credits for clean energy and home energy efficiency would still be phased out, albeit less quickly, under Senate Republicans’ latest proposed changes to a massive tax bill. Electric vehicle ...

The House-passed bill includes a large tax cut, as well as more money for defense and immigration enforcement, financed in part by slashing health, nutrition, education and clean energy programs.

Other technologies like nuclear, geothermal, and hydropower receive a slight extension of the phase-out of tax credits. Now, projects that begin construction in 2033 receive the full credit, one ...

During a Wednesday hearing of the Senate Energy Committee, U.S. Sen. Maria Cantwell, D-Wash., aggressively questioned Energy Secretary Chris Wright about Republican efforts to eliminate the ...