Hydrogen

1 readers

3 users here now

A community about hydrogen and its use as a way to fight climate change.

Rules

All posts must be about hydrogen, fuel cells, or a related topic.
Posters that only attack hydrogen will not be tolerated.

founded 9 months ago

MODERATORS

[email protected]

Ballard announces $54 million of additional funding support, bringing total U.S. federal funding to $94 million for Ballard’s fuel cell Gigafactory in Texas (www.ballard.com)

submitted 8 months ago by [email protected] to c/[email protected]

0 comments fedilink hide all child comments

Ballard Power Systems (NASDAQ: BLDP; TSX: BLDP) announced it has been awarded $54 million of investment tax credits from the U.S. Internal Revenue Service as part of the Qualifying Advanced Energy Project Tax Credit (48C), funded by the Inflation Reduction Act (IRA). The 48C program, which provides 30% investment tax credits for selected clean energy manufacturing projects, is designed to support secure and resilient domestic clean energy supply chains. Ballard plans to use the $54 million in tax credits to support the build-out of a new fuel cell Gigafactory in Rockwall, Texas.

no comments (yet)

sorted by: hot top controversial new old

there doesn't seem to be anything here