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California will be the first state to receive federal funds under a program to create regional networks, or “hubs,” that produce hydrogen as an energy source for vehicles, manufacturing and ...
The Biden administration is putting $7 billion into regional “hubs” around the country dedicated to producing hydrogen energy — touting the funds as an effort to fight climate change and ...
A new Northwest hydrogen hub is projected to create 10,000 jobs. ... Green hydrogen is produced by using electricity from a clean energy source to split water into oxygen and hydrogen, with the ...
The Biden administration has selected clean-energy projects from Pennsylvania to California for a $7 billion program to kickstart development and production of hydrogen fuel, a key component of ...
Jael Holzman of the outlet Heatmap News reported that soon after, experts in energy markets pointed at a lack of coordination between the Hub program and the IRA's hydrogen tax credits, price increases for electrolyzers, and the historically low cost of natural gas as additional reasons for the withdrawal of investment in Hub projects. [188]
The federal government is handing out $8 billion to jump-start what it calls the "hydrogen economy" by creating so-called hydrogen hubs. One of them will be set in California, which is expected to ...
Plug Power was founded in 1997 as a joint venture between DTE Energy and Mechanical Technology Inc. The company went public in October 1999. The company was subject to a shareholder class action complaint for securities fraud following the IPO for allegedly misleading statements about their fuel cell technology capabilities and on its material sales and dist
During a news briefing on Friday, Biden said the hydrogen hubs will help get there. "If we don't do this — if we don't stay below these numbers — the whole world changes," the president said.