Press Release: Nuvera : Nuvera Announces $14M Federal Tax Credit Allocation to Expand Fuel ...

(PR-inside.com) Credit follows $30 MM Award by the Department of Energy to Expand Production Capabilities, Build America's Clean Energy Capacity BILLERICA, MA / ACCESSWIRE / April 8, 2024 / Nuvera Fuel Cells, LLC, a leading provider of fuel cell power solutions, has been awarded more than $14 million of investment tax credits from the U.S. Internal Revenue Service as part of the Qualifying Advanced Energy Project Tax Credit (48C) funded by the Inflation Reduction Act. The 48C program, which provides up to 30 percent investment tax credits for selected clean energy manufacturing projects, is designed to support secure and resilient domestic clean ..