Novo Insights
October 24, 2022
NovoHydrogen's Antelope Valley Hydrogen 1 (AVH1) project has been shortlisted as one of nine projects by the First Public Hydrogen Authority (FPH2), marking a significant milestone in California's renewable energy landscape.
The US Treasury tried earlier this month to make it easier to claim tax credits for making hydrogen in an effort to jump start such projects. Did it succeed? We talk to four industry experts.
https://youtu.be/WGPU4XQe7-Y?si=CBpN14n7KQjcV8q5 Matt McMonagle, founder of NovoHydrogen, joined World Hydrogen Leaders to discuss his vast experience in renewable energy and his dedication to
As reported in S&P Global Commodity Insights, green hydrogen developers in the U.S. have been closely monitoring the final rules around the
The U.S. Treasury has officially released the final rules for Section 45V clean hydrogen production tax credits, a cornerstone of the Inflation Reduction Act of 2022. The rules will be published in the Federal Register on January 10, 2025, becoming effective immediately. This definitive guidance provides critical clarity and certainty to the domestic clean hydrogen industry, paving the way for significant investment, prevailing-wage job creation, enhanced energy security, resiliency, and meaningful pollution reduction across the industrial, transportation, and power sectors.
Express Ranch Hydrogen Project to Serve Hydrogen Demand in Oregon
As companies look for ways to reduce carbon emissions, green hydrogen—made by splitting water using renewable energy—has become an important solution, especially
Our CEO Matt McMonagle recently shared insights with S&P Global on NovoHydrogen’s strategy for the 45V hydrogen production tax credit and the
NovoHydrogen looks forward to a successful project in Eastern, Oregon along I-84 that will decarbonize heavy-duty vehicles.
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