Ballard Power Systems has secured a significant investment through the Qualifying Advanced Energy Project Tax Credit (48C) program, administered by the U.S. Internal Revenue Service.
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The hydrogen industry has called upon the US Treasury Department to alleviate expected environmental requirements tied to new tax credits. Industry leaders have voiced concerns that the proposed stipulations might stifle the burgeoning hydrogen sector.
Ballard Power Systems has signeda Long Term Supply Agreement (LTSA) with Solaris Bus & Coach for the supply of 1,000 hydrogen fuel cell engines to cater to the burgeoning European transit bus market.
Uniper SE, has unveiled plans to bolster green hydrogen production at its Killingholme site in the UK.
The Dutch port and industry clusters have issued a collective plea to the government and grid operators, urging them to address the uncertainties and bottlenecks hindering the progress of hydrogen projects.
Ferrari has captured the automotive world’s attention with a patent unveiling a hybrid car featuring an inverted internal combustion powerplant fueled by hydrogen.
Germany’s network of hydrogen filling stations is facing a bumpy road. Recent closures in Koblenz, Derching, and Wuppertal raise concerns about the viability and accessibility of hydrogen fuel cell vehicles.
The University of Nottingham has secured an investment exceeding £70M for establishing new leading research facilities and programs aimed at decarbonizing future transport.
The promising venture between Rolls-Royce Group and Hoeller Electrolyzer has hit a roadblock, with the latter filing for insolvency less than two years after the acquisition.
Japan’s aerospace industry is gearing up for a transformative leap as the Ministry of Economy, Trade and Industry unveils plans to invest a staggering 4 trillion yen ($26.46 billion) in a public-private partnership.
