The U.S. Department of the Treasury and IRS on Jan. 3, 2025, released Final Regulations regarding the production tax credit (PTC) for hydrogen under Section 45V of the Internal Revenue Code ...

On 3 January 2025, the Department of the Treasury (Treasury) and the Internal Revenue Service (IRS) released final regulations (Final ...

Plug Power Inc. (NASDAQ: PLUG), a global leader in comprehensive hydrogen solutions for the green hydrogen economy, boosted its liquidity by approximately $30 million through the transfer of the ...

Plug Power (PLUG) boosted its liquidity by approximately $30M through the transfer of the Federal Investment Tax Credit on January 24, 2025, to ...

Under the IRA, facilities like Plug’s plant in Woodbine, Georgia that produce, liquify, and store green hydrogen can claim the Section 45V Production Tax Credit (PTC) for green hydrogen produced ...

These downgrades were due to concerns about the company's underperformance and the lack of incentives from the Treasury Department's final rules for the Section 45V Hydrogen Production Tax Credit.

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 ...