FuelCell Energy Secures Tax Helpline for Hydrogen Innovation
Danbury, Monday, 7 July 2025.
FuelCell Energy gains significant tax credits through new clean energy legislation, boosting their hydrogen tech projects. This signals a major step for data efficiency and sustainable energy. Exciting times!
FuelCell Energy and the ‘One Big Beautiful Bill Act’
FuelCell Energy recently secured substantial investment tax credits under the ‘One Big Beautiful Bill Act’ (OBBBA), a landmark moment in hydrogen innovation. This legislation reinstates much-needed investment tax credits, paving the way for significant advancements in data centre efficiency and grid infrastructure resilience [1][7].
Support from Leadership
Jason Few, President and CEO of FuelCell Energy, expressed robust support for the OBBBA. He emphasized that the bill’s provisions bolster the U.S. leadership in energy infrastructure, providing a stable backdrop for companies investing in fuel cell technology [5][7].
Impacts on Hydrogen Technology
The OBBBA incorporates key provisions, like modifications to hydrogen project criteria, ensuring stability for existing investments. The renewed financial incentives signify the growing importance of hydrogen in pursuing global sustainable energy goals [5].
Legislative Significance
Signed by President Trump on 4 July 2025, the OBBBA is seen as a keystone in furthering clean energy initiatives across the U.S. [7]. The Act also helps ensure that smaller companies have the flexibility to monetize these federal tax credits efficiently [9].