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Danbury-base FuelCell Energy touts signing of Inflation Reduction Act

Danbury-base FuelCell Energy says under the Inflation Reduction Act, users and producers of fuel cell technology will be able to take advantage of investment tax credits, production tax credits for clean power and hydrogen, and carbon capture utilization and sequestration credits.  FuelCell Energy President Jason Few says these policy mechanisms will provide businesses with the long-term market and tax certainty needed to make important investment decisions in hiring, manufacturing, and partnerships that will lead to a clean energy economic renaissance in the United States while enhancing grid resiliency and reliability.

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Dave Rinelli

Local Headlines