Michigan to Become the Hub of Green Hydrogen Production Thanks to Nel ASA

Supporting Green Hydrogen Development in the U.S. Nel ASA, a global leader in renewable energy technology and a pioneer in hydrogen production, has received up to USD 29 million in investment tax credits for its planned manufacturing expansion in Michigan. This tax credit, part of the Qualifying Advanced Energy Project Tax Credit (48C) program, comes as a federal initiative funded by the Inflation Reduction Act. The 48C program is jointly managed by the U.S. Department of Energy, the U.S. Treasury, and the IRS, aiming to incentivize clean energy investments.

Michigan to Become the Hub of Green Hydrogen Production Thanks to Nel ASA

You are not logged in

If you want to read more, join the  ENERGY-HUB club

Login

Try the monthly membership in the ENERGY-HUB club for free!

Related articles

SEFE and Höegh Evi to develop clean hydrogen supply chains

The collaboration aims to deliver clean hydrogen to Germany and other European locations, focusing on ammonia-based supply chains.

Defiant climate advocates from Germany call for EU resolve as Trump returns to office

The beginning of reelected U.S. president Donald Trump’s second term in office has prompted calls from German government represent…

Reduced electricity demand could slash Germany’s transition investments by 2035 – report

Net electricity consumption in Germany may not rise as much in the coming years as assumed in current regulatory planning, accordi…

UK energy storage slows down as Ireland pipeline gains traction

The UK saw a slowdown in both BESS installations and submitted applications in 2024, while applications in Ireland grew by capacit…

The best residential PV system configuration for Saudi Arabia

Researchers in Saudi Arabia have identified the best and optimum PV system configurations for the Saudi residential market. Their…

ENERGY-HUB is a modern independent platformsharing news and analytic articles from the energy sector on a daily basis. Within our portfolio we monitor czech, slovak and foreign press releases.

87040
Number of published news
2092
Number of published events
1159
Number of published articles
ENERGY-HUB uses ČTK news (The Czech News Agency), the content is protected by copyright law.
Transcription, distribution, or other dissemination of the whole or of a part of the content is prohibited without prior consent.
Drtinova 557/10, 150 00 Praha 5, Česká republika