article thumbnail

IRS seeks feedback on clean hydrogen production tax credit

Green Car Congress

The US Department of the Treasury and the Internal Revenue Service (IRS) have released three notices requesting public input on several tax credit provisions in the Inflation Reduction Act (IRA). These include: Credits for Clean Hydrogen Production (45V) and Clean Fuel Production (45Z) ( Notice 2022-58 ).

article thumbnail

Air Products and AES plan to invest ~$4B for mega-scale green hydrogen production facility in Texas; 200 metric tons per day

Green Car Congress

Air Products and The AES Corporation plan to invest approximately $4 billion to build, own and operate a green hydrogen production facility in Wilbarger County, Texas. This mega-scale renewable power to hydrogen project includes approximately 1.4 This mega-scale renewable power to hydrogen project includes approximately 1.4

Texas 353
article thumbnail

DOE Technology Commercialization Fund accepting applications for hydrogen leakage detection and quantification technologies

Green Car Congress

The US Department of Energy (DOE) is calling for applications for the DOE Office of Fossil Energy and Carbon Management (FECM) Fiscal Year 2023 Technology Commercialization Fund Base Annual Appropriations National Laboratory Call for FECM Program-Led Topics. (

Hydrogen 150
article thumbnail

Ionic Mineral Technologies launches nano-silicon product for Li-ion cell manufacturers

Green Car Congress

Ionic Mineral Technologies, a developer of advanced silicon anode battery materials, launched its Generation 1 Ionisil nano-silicon product for Li-ion cell manufacturers. Earlier post.) This technology can increase the capacity at the anode level by >100% compared to graphite batteries. Based on Ionisil having 7.5x

Li-ion 259
article thumbnail

Optimizing Car Leasing Tax Advantages

Clean Fleet Report

Optimizing Car Leasing Tax Advantages The UK Business Benefits This article may contain affiliate links. In this blog post, we’ll explore why leasing a car, like a Cupra Formentor or a Nissan Leaf, can be an ideal choice for your business, both in terms of financial benefits and tax advantages.

Tax 78
article thumbnail

Alder Fuels and Enviva partner to scale and commercialize sustainable aviation fuel supply chains

Green Car Congress

The agreement makes Enviva an exclusive supplier of up to 750,000 metric tons per year of sustainably sourced woody biomass to Alder’s first Alder Greencrude (AGC) production facility, soon to be under construction in the southeastern United States. The size of the market for our product is equal to the petroleum market it replaces.

Supplies 150
article thumbnail

Tesla Semi will be incredibly affordable with US’ revamped EV tax credit

Teslarati

The bill allocates $369 billion for programs that help fight climate change and preserve the environment, and it also includes a number of revamped EV tax credits. This should go in line with Tesla’s ramp of its 4680 cells , which are expected to help the company reduce its vehicle production costs.