financetom
Business
financetom
/
Business
/
Plug Power, Constellation Energy, Bloom Energy Shares Rise on Hydrogen Tax Rules
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Plug Power, Constellation Energy, Bloom Energy Shares Rise on Hydrogen Tax Rules
Jan 3, 2025 10:35 AM

01:06 PM EST, 01/03/2025 (MT Newswires) -- Plug Power ( PLUG ) , Constellation Energy ( CEG ) and Bloom Energy ( BE ) shares rose in recent Friday trading after the US Department of the Treasury issued final rules outlining eligibility criteria for hydrogen producers seeking tax credits.

Plug Power ( PLUG ) shares rose 8.2%, Constellation rose 3.7% and Bloom gained 6.3%.

The regulations incorporate "significant changes and flexibilities to help grow the industry and move projects forward" in conformity with emissions requirements for qualifying clean hydrogen, the Treasury said Friday in a statement.

The changes provide certainty and flexibility for project developers, including participants in the Department of Energy's Regional Clean Hydrogen Hubs program, the Treasury said.

Price: 2.52, Change: +0.1900, Percent Change: +8.15

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Pfizer does not expect major vaccine policy changes under Trump in 2025
Pfizer does not expect major vaccine policy changes under Trump in 2025
Dec 17, 2024
Dec 17 (Reuters) - Pfizer ( PFE ) said on Tuesday it was not expecting any major changes around vaccine policy under President-elect Donald Trump's administration in 2025. CEO Albert Bourla also told analysts at a conference that he had developed a good relationship with U.S. health secretary nominee Robert F. Kennedy Jr. during a dinner with Trump earlier this...
BRIEF-NXP To Acquire Automotive Networking Pioneer Aviva Links
BRIEF-NXP To Acquire Automotive Networking Pioneer Aviva Links
Dec 17, 2024
Dec 17 (Reuters) - NXP Semiconductors NV ( NXPI ): * NXP TO ACQUIRE AUTOMOTIVE NETWORKING PIONEER AVIVA LINKS, ACCELERATING ASYMMETRICAL ASA MULTI-GIGABIT CONNECTIVITY IN SOFTWARE DEFINED VEHICLES * NXP SEMICONDUCTORS NV ( NXPI ) - TO ACQUIRE AVIVA LINKS FOR $242.5 MILLION IN ALL-CASH DEAL Source text: Further company coverage: ...
BRIEF-Northwest Bancshares Announces Agreement To Acquire Penns Woods Bancorp
BRIEF-Northwest Bancshares Announces Agreement To Acquire Penns Woods Bancorp
Dec 17, 2024
Dec 17 (Reuters) - Northwest Bancshares Inc ( NWBI ): * NORTHWEST BANCSHARES, INC. ( NWBI ) ANNOUNCES AGREEMENT TO ACQUIRE PENNS WOODS BANCORP, INC. * NORTHWEST BANCSHARES INC ( NWBI ): PROPOSED DEAL FOR $270.4 MILLION * NORTHWEST BANCSHARES ( NWBI ): PENNS WOODS SHAREHOLDERS TO BE ENTITLED TO GET 2.385 SHARES OF NORTHWEST COMMON STOCK FOR EACH PENNS...
Natera Expands Lawsuit Against NeoGenomics to Include Additional Patent
Natera Expands Lawsuit Against NeoGenomics to Include Additional Patent
Dec 17, 2024
09:18 AM EST, 12/17/2024 (MT Newswires) -- Natera ( NTRA ) said Tuesday that it has expanded its patent infringement lawsuit against NeoGenomics ( NEO ) related to the latter's modified version of RaDaR tests for molecular residual disease. Natera ( NTRA ) said the District Court for the Middle District of North Carolina has granted its request to include...
Copyright 2023-2026 - www.financetom.com All Rights Reserved