Howden welcomes US commitment to climate with new legislation
Howden, a leading global provider of mission critical air and gas handling solutions, has welcomed the US’ new climate and healthcare spending package, which includes tax incentives for green energy projects.
The legislation will provide more than $360 B in funds directed to energy and climate-related provisions, including tax credits for new and used electric vehicles and for green energy projects.
Salah Mahdy, Global Director of Renewable Hydrogen at Howden, comments: “The very generous tax credits, up to $3/kg for ten years, will make the renewable H2 produced in the US the cheapest form of hydrogen in the world.
“There is no doubt that this step will accelerate progress in the global hydrogen market, and more and more countries and organizations will now start speeding up their plans to become major players in this growing sector.
“At Howden, our hydrogen team has already achieved success with key hydrogen projects, including hydrogen liquefaction and waste-to-hydrogen projects. This step now encourages us to go ahead and further strengthen our plans for this important market and region.”
Howden has been servicing vital industries throughout North and South America since the 19th century and services a wide range of products and industries. Products include compressors, fans, rotary heat exchangers, blowers, control systems, aftermarket services & parts, turnkey solutions, mine ventilation design and performance analysis design.
The industries that are covered in this region include hydrogen, renewable energy, power, steel, cement, pulp & paper, oil & gas, petrochemical/chemical, ethanol, industrial gas, mining, water/wastewater, and general industries.
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