Nuvera Fuel Cells has been awarded more than $14 million of investment tax credits from the US 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% investment tax credits for selected clean energy manufacturing projects, is designed to support secure and resilient domestic clean energy supply chains.

Nuvera anticipates using the tax credits to expand fuel cell production capacity at its Billerica, Massachusetts headquarters. Billerica is Nuvera’s primary location for technology R&D, product development and engineering, and fuel cell stack and system manufacturing.

Nuvera was also recently awarded a $30-million federal grant from the US Department of Energy (DOE), part of a broader $750 million from the Bipartisan Infrastructure Law to fund 52 projects that directly support the national clean hydrogen strategy. Nuvera will utilize these federal funds to develop the high-volume production process for its next-generation fuel cell stack technology.

Nuvera says that the federal funding will be used to enable faster time to market for Nuvera’s hydrogen fuel cell stacks at a lower cost. It will also provide a solution for customers to meet the requirements of government environmental policies and growing emission mandates with American-manufactured clean energy technology.

Nuvera brings more than three decades of continuous hydrogen fuel cell technology development and experience in real-world operations to furthering the aims of the Inflation Reduction Act. Nuvera’s ninth-generation stack technology has the performance and power density to help accelerate the adoption of fuel cell power systems for on and off-road vehicle, port equipment, maritime and stationary power applications.