FCHEA urges US Senate to preserve hydrogen tax credit

News Story
- 12 Jun 2025 ( #1234 ) - Washington, D.C., United States
1 min read
FCHEA supports the retention of Section 45V
FCHEA supports the retention of Section 45V

A group of more than 240 industry organisations, including the Fuel Cell & Hydrogen Energy Association (FCHEA), has sent a letter to U.S. Senate leadership outlining the economic and strategic importance of preserving the Section 45V Hydrogen Production Tax Credit.

The move follows the passing of the bill described by President Donald Trump as “One Big, Beautiful Bill” by the House of Representatives last month.

Within the bill is a clause that would change the deadline that projects would need to begin construction by in order to claim the 45V clean hydrogen production tax credit, to the end of 2025. As it stands, the deadline is the end of 2033.

The letter, signed by FCHEA, the American Petroleum Institute, National Association of Manufacturers, U.S. Chamber of Commerce, and others presents a unified request for the tax credit to remain in place with a commence construction date set no earlier than December 31, 2029.

“Retaining 45V commencement of construction through at least December 31, 2029, would allow for the minimum runway needed for the multi-year development cycles these projects require,” the letter reads.

“Anything less puts billions in committed investments – and tens of thousands of jobs – at risk.”

FCHEA is the national industry association advancing production, distribution, and use of innovative, clean, safe, and reliable hydrogen energy, as used in several industries including materials handling.

Frank Wolak, FCHEA president and CEO, says that Section 45V will unleash new domestic energy production, manufacturing opportunities, job creation, and energy trade relationships.

“If the Senate does not act to rectify the actions taken by the House, it will drive tens of billions of dollars in planned private sector investments out of the United States and into other countries, specifically China,” says Wolak.

Mitsui E&S retrofits diesel RTG with hydrogen fuel cell
Mitsui E&S retrofits diesel RTG with hydrogen fuel cell 24 Jul 2025 - Yokohama, Japan - 1 min read
DP World completes hydrogen RTG initial testing
DP World completes hydrogen RTG initial testing 1 May 2025 - Vancouver, BC, Canada - 2 min read
Green Cubes unveils battery for materials handling equipment
Green Cubes unveils battery for materials handling equipment 13 Mar 2025 - Kokomo, IN, United States - 1 min read
Previously about:
United States observes National Hydrogen Day News Story - 12 Oct 2023 - Washington, DC, United States - 1 min read
Do you have materials handling news? Submit your news here

Find the right machine for your business with F. Uchiyama, exporter and wholesaler of used forklifts and construction machinery. With 100 years of experience in the trade, you can leave the export procedures to us!
FOR SALE:
2019 Nichiyu Counterbalanced Electric Forklift
2019 SMV (Konecranes) Reach Stacker
1992 Mitsubishi FD200 High Capacity Forklift 

Find more machines here | Contact us with enquiries 

Words of support …

Thanks to advertising with Forkliftaction, we have received inquiries and more and more people are aware of Ningbo Ruyi Joint Stock Co.,Ltd, which fits with our company's goal to go global and let the world know more about the benefits of our Xilin brand.

Michille Shi, Vice General Manager Sales

Are you recruiting? Find your ideal candidate among a diverse range of materials handling professionals:

Forkliftaction's JOB MARKET

Find the right machine for your business with F. Uchiyama, exporter and wholesaler of used forklifts and construction machinery. With 100 years of experience in the trade, you can leave the export procedures to us!
FOR SALE:
2019 Nichiyu Counterbalanced Electric Forklift
2019 SMV (Konecranes) Reach Stacker
1992 Mitsubishi FD200 High Capacity Forklift 

Find more machines here | Contact us with enquiries 

Find the right machine for your business with F. Uchiyama, exporter and wholesaler of used forklifts and construction machinery. With 100 years of experience in the trade, you can leave the export procedures to us!
FOR SALE:
2019 Nichiyu Counterbalanced Electric Forklift
2019 SMV (Konecranes) Reach Stacker
1992 Mitsubishi FD200 High Capacity Forklift 

Find more machines here | Contact us with enquiries 

PREMIUM business

Ningbo Ruyi Joint Stock Co., Ltd.
Manufacturer of forklifts, power stackers & pallet trucks.

Are you recruiting? Find your ideal candidate among a diverse range of materials handling professionals:

Forkliftaction's JOB MARKET