DOE Selects Plug Power for 9 Clean Hydrogen Projects, Awarding Nearly $163 Million in Grants [Video]

For More Plug News, Visit Us @ https://www.hydrogenfuelnews.com/plug-power-news/ Plug Power Inc, a prominent player in the hydrogen industry, has recently confirmed that it has been chosen by the US Department of Energy (DoE) to receive grants for nine projects. These projects span across clean hydrogen electrolysis, manufacturing, and recycling activities. This selection is part of a broader initiative by the US energy department to allocate a total of USD 750 million in grant funding to 52 projects across 24 states. The aim is to significantly reduce the cost of clean hydrogen. Plug Power will receive almost USD 163 million from this funding pool. The largest single award that the company will receive as a project lead amounts to USD 45.7 million, which would be used for scaling up Proton Exchange Membrane (PEM) electrolyser stacks manufacturing to a multi-gigawatt scale. Andy Marsh, the CEO of Plug Power, has expressed gratitude for the awards and emphasized their potential impact on the company’s manufacturing capabilities in fuel cell and electrolyzer Membrane Electrode Assemblies (MEAs) and stacks

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