Plug Power Inc. (NASDAQ: PLUG), a global leader in hydrogen solutions for the green hydrogen economy, began commercial operations of its electrolytic hydrogen facility in Woodbine, Georgia, earlier this year. The company plans to leverage the benefits of the Inflation Reduction Act’s (IRA) Section 45V Credit for the Production of Clean Hydrogen (PTC) in its upcoming financial reports. Plug will be one of the first U.S. producers of clean hydrogen to utilize this new incentive, which was enacted by Congress and signed by President Biden.

Sungrow Hydrogen has recently secured the bid for the China Energy Engineering Corporation (CEEC) Songyuan Hydrogen Energy Industrial Park project in Jilin, China. This project, recognized as the world’s largest integrated green hydrogen, ammonia, and methanol production facility, represents a significant milestone in the industry. Sungrow Hydrogen’s 1000Nm³/h ALK hydrogen production system will be a key component of this groundbreaking venture. The CEEC Songyuan Hydrogen Energy Industrial Park project is among the initial batch of “Green and Low-carbon Advanced Technology Demonstration Projects” endorsed by the China National Development and Reform Commission (NDRC).

Solar energy stands at the forefront of renewable energy sources, benefiting significantly from a range of federal incentives designed to accelerate its development and deployment. The support from federal programs not only enhances technological advancements but also makes solar energy more accessible and affordable for a broader spectrum of users, from individual homeowners to large industrial enterprises. The Solar Energy Technologies Office (SETO), part of the Department of Energy’s Office of Energy Efficiency and Renewable Energy (EERE), is pivotal in this transformation.

Avangrid, Inc. (NYSE: AGR), a prominent sustainable energy company and part of the Iberdrola Group, along with Copenhagen Infrastructure Partners (CIP), a leader in green energy investment, has announced that the Vineyard Wind 1 project is now delivering over 136 Megawatts (MW) to the electric grid in Massachusetts. This achievement marks Vineyard Wind 1 as the largest operating offshore wind project in the United States. With 10 turbines currently in operation, totaling approximately 136 MW, the project generates enough power to supply 64,000 homes and businesses in Massachusetts.