FCHEA, API, NAM, and over 100 Organizations Signed a Rapid Response Letter to the House Urging Preservation of Section 45V Hydrogen Credit | |
On Tuesday May 13, the Fuel Cell and Hydrogen Energy Association (FCHEA) signed a letter along with the American Petroleum Institute (API), the National Association of Manufacturer (NAM), and over 100 companies and organizations called for the House of Representatives to preserve the Section 45V Credit for Production of Clean Hydrogen. FCHEA also issued a statement (linked below) on maintaining 45V.
These letters and statements were in response to the House Ways and Means Committee Chairman's Mark released on Monday, May 12. The Mark proposed dramatically scaling down many clean energy credits enacted by the Inflation Reduction Act, including terminating the Section 45V Credit for Production of Clean Hydrogen at the end of the year, with a new beginning construction date set for December 31, 2025.
On Tuesday at 2:00 PM, the Ways and Means Committee began its full committee markup, which concluded after 8 AM on the morning of Wednesday, May 14. Republicans stuck by the Chairman's legislative proposal, proposed zero amendments during the overnight markup, and voted against all 38 amendments offered by committee Democrats.
The Committee ultimately voted to advance the bill on a party-line vote of 26-19.
The next phase is that House leadership will create a floor bill through the budget committee (which postponed its hearing today, May 15); however, the “Big, Beautiful” bill text is likely to surface early next week, be voted out of the budget committee with an “expected” a floor vote by the end of next week. In the meantime, Senate Committees will begin crafting their legislation. FCHEA's focus over the coming weeks will be to build greater support in the Senate for our tax priorities. Should any FCHEA members seek to get further engaged in our efforts, please reach out at any time.
Click here for the full statement from FCHEA.
Click here to read the 45V support letter.
Click here for the Markup Materials from the Ways and Means Committee.
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Fuel Cell & Hydrogen Energy Industry Headlines | | Plug Power Signs $525 Million Secured Credit Facility with Yorkville Advisors | |
On April 28, FCHEA member Plug announced it has signed a definitive agreement for a secured debt facility with Yorkville Advisors providing for the issuance of up to $525 million of secured debentures. The facility includes an initial $210 million tranche, which will be fully funded at the initial closing and additional tranches of up to $315 million. With the net proceeds from the initial tranche, Plug intends to use approximately $82.5 million to retire the majority of its existing convertible debenture principal outstanding with Yorkville, which has approximately 55 million associated underlying shares given the conversion price and therefore this refinancing will reduce potential dilution.
Click here for the full press release from Plug.
| Toyota Announces Major Hydrogen Updates at ACT Expo | |
On April 28, at the Advanced Clean Transportation (ACT) Expo, FCHEA member Toyota Motor North America announced major updates to its hydrogen business.
Toyota announced plans to introduce hydrogen-powered fuel cell electric Class 8 heavy-duty trucks as part of an effort to reduce the number of diesel-powered tractor trailers servicing the Toyota North American Parts Center in California (NAPCC). To support the new hydrogen trucks in the fleet, the company also announced plans for a new hydrogen fueling station to be built on the NAPCC campus, as well as plans to further invest and vertically integrate into the hydrogen ecosystem.
Toyota also announced the launch of a new commercially focused Toyota Hydrogen Solutions webpage as a business hub for those interested in Toyota’s hydrogen-related products, services and solutions. The new site will offer product information, provide case study examples, and contact information.
Click here and here for the full press releases from Toyota.
| Electric Hydrogen to Deploy 100 MW HYPRPlant at Large-Scale eFuels Facility in Texas | |
On May 19, FCHEA member Electric Hydrogen announced it would be supplying its 100 megawatt (MW) HYPRPlant to Infinium for a large-scale eFuels facility in Texas.
Once production begins, Project Roadrunner will produce sustainable aviation fuel (eSAF), eDiesel and eNaphtha for the aviation, heavy-duty trucking, plastics and maritime sectors. The facility is projected to commence commercial e-fuels production in 2027.
Click here for the full press release from Electric Hydrogen.
| Toyota and Rehlko Sign Exclusive Agreement on Fuel Cell Modules | |
On April 29, Toyota Motor North America and Rehlko announced a supplier agreement where Toyota will provide its hydrogen-powered fuel cell modules to Rehlko for use in stationary power generator products. Toyota and Rehiko have developed and engineered a commercialized 1 MW system building the companies’ first collaboration to develop and install a 100k W hydrogen fuel cell power generation system at Klickitat Valley Health, in Washington state.
Click here for the full press release from Toyota.
| Hyundai Motor Unveils the New XCIENT Heavy-Duty Fuel Cell Truck at ACT Expo | | |
On April 29, FCHEA member Hyundai Motor Company introduced the new XCIENT Fuel Cell Class-8 heavy-duty truck at the Advanced Clean Transportation (ACT) Expo 2025 in Anaheim, California.
The XCIENT Fuel Cell is the world’s first mass-produced hydrogen-powered heavy-duty truck, first launched in 2020, and the new XCIENT features an upgraded hydrogen fuel cell system. Also at the ACT Expo, Hyundai Motor and its partner Plus showcased am XCIENT Fuel Cell truck equipped with autonomous SuperDrive software.
Click here and here for the full press releases from Hyundai.
| | Plug Power Closes $525 Million Secured Credit Facility with Yorkville Advisors | |
On May 6, Plug announced the initial closing of its $525 million secured term loan facility with Yorkville Advisors. The initial tranche in an aggregate principal amount of $210 million was drawn and funded.
Click here for the full press release from Plug.
| FuelCell Energy and Toyota's Tri-gen Receives U.S. Department of Energy 2025 Better Project Award | | |
On May 1, FCHEA member FuelCell Energy and Toyota Motor North America today announced that its “Tri-gen” facility at the Port of Long Beach has received the U.S. Department of Energy’s 2025 Better Project Award. The Better Project Award recognizes accomplishments at individual facilities for innovative and industry-leading accomplishments in implementing energy, water, and waste reduction efficiency measures.
Click here for the full press release from FuelCell Energy.
| | Plug Partners with BASF to Deploy Purification Solutions in Advanced Hydrogen Liquefaction Plants | | |
On May 7, Plug Power and BASF announced the signing of a Cooperation Agreement to use BASF’s advanced DeOxo catalysts within Plug Power’s global hydrogen liquefaction plants. The primary focus of this collaboration is on hydrogen liquefaction plants with capacities of 30, 60, and 90 tons per day.
Click here for the full press release from BASF.
| | Twelve Announces Investment from United Airlines | | |
On May 6, United Airlines announced an investment in FCHEA member Twelve through its Ventures Sustainable Flight Fund.
This investment follows Twelve's $83 million Series C funding round and project financing for its first SAF production facility, AirPlan One, located in Moses Lake, Washington. The facility is expected to begin production this year and plans to produce 50,000 gallons of SAF annually.
Click here for the full press release from United.
| | Bosch Introduces Liquid Hydrogen Storage Control Unit for Highspeed Racing | |
On May 15, FCHEA member Bosch motorsport announced a new L-HSCU liquid hydrogen storage control unit for high speed racing. The system is suitable for storage concepts with liquid hydrogen in low-temperature tanks as well as for pressurized hydrogen storage and ensures safe hydrogen management in vehicles.
The liquid hydrogen storage unit can be used to control and monitor the entire storage chain in the vehicle, from refueling and storage in the tanks to the transfer to the fuel cell or the internal-combustion engine.
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Source: Bosch
Click here for the full press release from Bosch.
| | Hyundai, BMW, and Toyota Establish Hydrogen Transport Forum | | |
On May 15, FCHEA members BMW, Hyundai, and Toyota announce they have joined forces to establish the Hydrogen Transport Forum (HTF), a new industry coalition dedicated to accelerating the deployment of hydrogen mobility solutions in Australia.
The HTF will provide a collaborative platform for industry to identify strategic opportunities, align fleet and infrastructure deployment, and advocate for supportive government policies. Designed to complement existing industry bodies, the Forum addresses a critical gap in Australia’s hydrogen ecosystem by focusing specifically on hydrogen mobility and the infrastructure required to support it.
Click here for the full press release from the Hydrogen Transport Forum.
| | Plug GenEco Electrolyzers Power Live Customer Demos | | |
On May 20, Plug Power announced that its GenEco electrolyzer systems are fully operational at The Green Box, a cleantech innovation campus in the Netherlands. The site features Plug’s 1 MW and 5 MW PEM electrolyzers, which are now running at load and actively supporting live demonstrations and technical workshops for European customers.
Click here to read full press release from Plug Power.
| | Heraeus Precious Metals and hte Collaborate on Catalytic Ammonia Cracking | | |
On May 20, FCHEA member Heraeus Precious Metals and hte signed a R&D service agreement for the screening of different materials for catalytic ammonia cracking in order to obtain hydrogen.
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Source: Heraeus Precious Metals
Using a 16-fold high throughput system, hte was able to successfully screen catalysts under challenging test conditions. During the project, work was conducted at high temperatures (above 700°C) and at pressures in the mid-two-digit range at the same time. Data collected during the project helped Heraeus Precious Metals to identify suitable catalysts for ammonia cracking.
Click here for the full press release from Heraeus Precious Metals.
| | Johnson Matthey to Sell Catalyst Business | | |
On May 22, FCHEA member Johnson Matthey announced it has reached an agreement to sell its Catalyst Technologies business to Honeywell International at an enterprise value of £1.8 million (US$2.4 million) on a cash and debt-free basis. Following the sale, Johnson Matthey will be repositioned as a highly streamlined group focused on Clean Air and platinum group metals.
Click here for the full press release from Johnson Matthey.
| | HDF Energy and Philippines Government Forge Partnership to Develop Hydrogen Technologies and Infrastructure in the Philippines | | |
On April 11, FCHEA member HDF Energy announced it has signed a Memorandum of Understanding (MoU) with the Philippines' Department of Transportation. This strategic partnership aims to accelerate the deployment of HDF's hydrogen power plants in the country, delivering continuous, renewable electricity to public power grids and producing green hydrogen to help decarbonize heavy maritime and rail transport.
Click here for the full press release from HDF Energy.
| | HORIBA Launches New 100W PEM Benchtop Fuel Cell Test Station | | |
On April 30, FCHEA member HORIBA announced the launch of its new C05-LT 100W PEM benchtop fuel cell test station. The C05-LT offers robust, advanced single-cell testing performance through precise temperature, pressure and flow control for PEM fuel cell test and research purposes.
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(Source: Horiba)
Click here for more information from Horiba.
| | Port of Gothenburg Successfully Tests Hydrogen Generator Project in Collaboration with PowerCell Group | | |
On May 7, Hitachi Energy, FCHEA member PowerCell Group, and Linde Gas successfully demonstrated its hydrogen generator at the Port of Gothenburg in Sweden.
The hydrogen generator being tested at the Port of Gothenburg was developed by Hitachi Energy, whose technology partner PowerCell Group supplies the generator’s power modules and expertise in fuel cell integration. During the test, the generator used 100 per cent green hydrogen supplied by gas producer Linde Gas.
The generator connects to Stena Line’s existing shore power facility, installed at the port in the early 2000s, to supply electricity to Stena Germanica and Stena Scandinavica ships.
Click here for the full press release from Cruise and Ferry Magazine.
| | Nel and SAMSUNG E&A Launches CompassH2 Hydrogen Plant Solution | |
On May 15, SAMSUNG E&A announced the launch of CompassH2, a next-generation green hydrogen production plant solution developed in collaboration with FCHEA member Nel. Through this partnership, SAMSUNG E&A aims to expand its leadership in the green hydrogen plant market and extend its business to include the installation and operation of electrolyzers.
Click here for the full press release from Nel.
| Ceres Power MW Scale Electrolyzer Project Produces First Hydrogen | |
On May 20, FCHEA member Ceres Power has announced that its first megawatt solid oxide electrolyzer cell (SOEC) demonstrator system, located at Shell’s Technology Centre in Bangalore, India, is now producing hydrogen. Shell and Ceres have been in collaboration since 2022, leading to the deployment of the megawatt-scale electrolyzer with the potential to produce hydrogen at 600 kg per day at full capacity with an electrolyzer module efficiency of 37kWh/kg H2. The metal-supported design from Ceres allows it to operate at lower temperatures than the current state of the art SOEC technology.
Click here for the full press release from Ceres.
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About the Fuel Cell and Hydrogen Energy Connection
Administration
Press releases and story ideas may be forwarded to Connor Dolan and Karen Quackenbush for consideration at cdolan@fchea.org and khall@fchea.org respectively.
If your company is interested in joining FCHEA, please visit fchea.org or contact Connor Dolan at cdolan@fchea.org.
The Sponsor
The Fuel Cell and Hydrogen Energy Association (FCHEA) is the leading industry association in the United States representing more than ninety leading organizations advancing production, distribution, and use of innovative, clean, safe, and reliable hydrogen energy. Based in Washington, DC, FCHEA’s mission is to facilitate the adoption of and expand the markets for innovative, clean, safe, and reliable uses of hydrogen and fuel cells. FCHEA members represent the full global hydrogen and fuel cell supply chain across a range of applications and pathways from transportation, power generation, industrial use, and more.
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