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

"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 ...

Shorter tax credit deadlines proposed in Trump's tax bill would derail swathes of green hydrogen projects and severely curb ...

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.

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 ...

The Biden administration released long-awaited final rules Friday for a tax credit that will send billions of dollars to producers of cleaner hydrogen. The new rules drew cautious praise from ...

The Biden administration released long-awaited final rules Friday for a tax credit that will send billions of dollars to producers of cleaner hydrogen. The new rules drew cautious praise from envir… ...

"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 ...

Green hydrogen generally costs around $4.50 to $12 per kilogram, according to BloombergNEF, so the maximum credit could make the process competitive with fossil-derived hydrogen in some regions.