$1.66 Billion Turbo-Boost For US Green Hydrogen Industry
The US green hydrogen firm Plug Power has just nailed a $1.66 federal loan guarantee towards the goal of building up to six hydrogen hubs around the country.
The US green hydrogen firm Plug Power has just nailed a $1.66 federal loan guarantee towards the goal of building up to six hydrogen hubs around the country.
Today, the U.S. Department of Energy’s (DOE) Loan Programs Office (LPO) announced the closing of a $1.66 billion loan guarantee ($1.55 billion in principal and $107 million in capitalized interest) to Plug Power Inc.’s (Plug) subsidiary, Plug Power Energy Loan Borrower, LLC, to help finance the construction of up to six facilities … [continued]
A new $1.16 billion loan from the Department of Energy will help kickstart a network of green hydrogen production facilities in the US.
The US green hydrogen industry gets a leg up from rare bipartisan legislation aimed at cutting costs and increasing production.
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After a bumpy start, the US startup Nikola is closing in on its vision of hydrogen fuel cell trucks, fueled by green hydrogen.
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New York, New Jersey, Connecticut, and Massachusetts cook up a scheme in anticipation of $8 billion in federal funding for green hydrogen hubs.
Gladstone, Queensland, home to one of the fossil fuel industry’s largest export hubs, will soon become home to the world’s largest electrolyzer plant. Not only that, but Fortescue Future Industries will also manufacture wind turbines, solar panels, batteries, and cables there in a Green Energy Manufacturing Centre. This is all … [continued]