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DOE Report: Hydrogen Projects Receive $300 Million in 48C Tax Credit from IRS

DOE Report: Hydrogen Projects Receive $300 Million in 48C Tax Credit from IRS

May 22, 2024--Written by Paul Wiseman for Industrial Info Resources (Sugar Land, Texas)--Seven green hydrogen-related projects are among 35 that were recently announced as receiving grant money from the U.S. Department of Energy. The 35 will receive a total of $1.93 billion, with the green hydrogen numbers among them getting about $300 million of that.

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