Plug Power Inc. (PLUG) stock surged nearly 20% in morning trade on Monday after the U.S. Department of the Treasury released the final rules on tax credits for clean hydrogen production under the ...
Agnes Lopez / Bloomberg via Getty Images Plug Power shares surged for a second straight session on new tax credit rules for clean hydrogen production. Last week, the Treasury Department issued the ...
FuelCell Energy (FCEL), and Nikola (NKLA) are among the hydrogen stocks rallying today. They are surging after the Biden administration today unveiled rules that will make it significantly easier for ...
Plug Power (PLUG) shares surged for a second straight session after the Treasury Department announced final rules on tax credits for producing clean hydrogen. The tax credits were made available ...
Another factor contributing to the Sell rating is the uncertainty surrounding Plug Power’s eligibility for investment tax credits under Section 48E of the Inflation Reduction Act. The tax credit ...
Large credits for using nuclear power from existing plants could help Plug Power turn profitable. Small credits, or an entirely negative decision, would be bad news for Plug stock. The U.S ...