P3 project led by Transurban-Macquarie team to widen parts of the I-495 Capital Beltway and I-270 near Washington, DC, gains agency record of decision on Aug. 25, but bid protest still looms
The $3 per kilogram production tax credit in Inflation Reduction Act, in effect for 10 years, will make green hydrogen competitive with fossil-fuel generated gray hydrogen, says Plug Power CEO Andrew Marsh.
Final congressional approval of measure, which includes funding and tax-credit extensions aimed to reduce carbon emissions through projects in energy, transportation, water, buildings and manufacturing sectors, came in a 220-207 party line vote.
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