The U.S. Department of Energy (DOE) recently allocated $1.93 billion in Qualifying Advanced Energy Project Credits (48C) to 35 projects across 20 states. Among them, seven hydrogen-related initiatives stand out, receiving over $300 million in total.
From industrial decarbonization to clean energy and vehicle manufacturing, each of seven project targets distinct areas within the hydrogen domain, showcasing diverse applications and technologies. The projects to receive the funding are the ones from Cummins, Electric Hydrogen, John Cockerill, Nel Hydrogen, Topsoe SOEC Production, Ballard Power Systems and Nuvera Fuel Cells.
With recipients spanning five states, including Minnesota, Massachusetts, Texas, Michigan, and Virginia, the geographical distribution hints at a nationwide effort to bolster hydrogen initiatives.
As a key component of the White House’s Investing in America agenda, the credit aims to accelerate clean energy manufacturing and reduce greenhouse gas emissions—a pivotal step towards achieving sustainability goals. By emphasizing clean energy products and addressing critical needs across the energy landscape, these projects signal a strategic shift towards sustainable manufacturing practices.
With a focus on advancing clean energy technologies and fostering economic growth in traditional energy communities, these initiatives pave the way for a greener, more sustainable future.
