$1.66 Billion Turbo-Boost For US Green Hydrogen Industry

Credit to Author: Tina Casey| Date: Fri, 17 Jan 2025 20:15:56 +0000

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 post $1.66 Billion Turbo-Boost For US Green Hydrogen Industry appeared first on CleanTechnica.

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Plug Power Gets $1.7 Billion Loan Guarantee From DOE to Produce Hydrogen Fuel

Credit to Author: Darrell Proctor| Date: Sun, 19 Jan 2025 16:22:40 +0000

The U.S. Dept. of Energy (DOE) has continued to announce billions of dollars of loan guarantees to energy companies in the final days of the Biden administration, including for upgrades […]

The post Plug Power Gets $1.7 Billion Loan Guarantee From DOE to Produce Hydrogen Fuel appeared first on POWER Magazine.

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U.S. DOE Announces $1.66 Billion Loan Guarantee to Plug Power to Produce & Liquify Clean Hydrogen Fuel

Credit to Author: US Department of Energy| Date: Fri, 17 Jan 2025 04:00:21 +0000

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]

The post U.S. DOE Announces $1.66 Billion Loan Guarantee to Plug Power to Produce & Liquify Clean Hydrogen Fuel appeared first on CleanTechnica.

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