Browsing: Funding

Seven Projects Get $300M in 48C Tax Credits from DOE

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.

Green Hydrogen H2 News

Three projects run by Rolls-Royce will receive £82.8 million (US$100 million) as part of a £113 million (US$136 million) investment from the UK to progress the development of a zero-emission liquid hydrogen combusting jet engine. The ATI Program is used to distribute the funding.