Fuel cell industry rejoices as tax credits return

Fuel Cell Industry - Tax Credit - US Dollars

State lawmakers praise the reintroduction of tax credits Political leaders in Connecticut are celebrating the return of tax credits for the fuel cell industry. Fuel cell developers are also praising the return of the tax credits, as they may open up many new opportunities in the coming years. The tax credits were not a part of a budget plan adopted in 2015. The plan instead showed favor for the solar and wind power industries, which drew the ire of fuel cell developers throughout the country. State’s fuel cell industry is…

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Fuel cell industry sees promise in Connecticut

Fuel Cell Industry - Renewable Energy

State could bring more momentum to the fuel cell industry The fuel cell industry may find much more support in Connecticut in the coming years. The state has already shown favor for fuel cells in the past, but a growing number of government officials are beginning to praise fuel cells and their ability to generate electrical power. The Connecticut Center for Advanced Technology notes that hydrogen fuel cells are reliable energy systems. When electricity is needed, fuel cells can provide this power immediately, unlike the intermittent nature of solar panels…

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