Plug Power Inc (NASDAQ:PLUG) is seeing a rise in its stock value as it plans to utilize the Inflation Reduction Act's Section 45V Credit for Clean Hydrogen Production in its upcoming financial reports. This move positions Plug Power as one of the pioneer clean hydrogen producers in the U.S. to take advantage of the new Production Tax Credit (PTC) for clean hydrogen. The PTC offers incentives of up to $3.00 per kilogram for clean hydrogen produced in the U.S., making hydrogen production more cost-competitive with traditional fossil fuels and helping lower Plug Power's fuel costs. The company aims to achieve a break-even fuel margin by the end of the year and anticipates positive fuel margins starting in 2025. Plug Power is expanding its hydrogen production facilities, with notable plants in Georgia, Tennessee, and plans for a new facility in Louisiana by 2024. The company is also working on developing additional plants across the U.S. and collaborating with strategic suppliers to expand its green hydrogen network. Despite facing challenges such as a decline in net revenue and a significant stock price decrease in the past year, Plug Power has secured contracts and milestones in the clean hydrogen sector, signaling positive growth and progress in the renewable energy industry.