In a press release dated April 15, Secretary Chu of the Department of Energy (DOE) announced $41.9 million in funding for fuel-cell projects from President Obama’s American Recovery and Reinvestment act.

According to the release, there are two sets of funds being released:

  • $41.9 million from President Obama’s American Recovery and Reinvestment Act to fund 13 projects to deploy fuel cells – helping to build a consumer base for U.S. fuel cell manufacturers.
  • Approximately $72.4 million in cost-share funding from industry participants—for a total of nearly $114.3 million. This cost share demonstrates private sector commitment to developing and deploying these clean, energy efficient technologies.

Of these projects, several Solid-Oxide manufacturers are scheduled to benefit, including Acumentrics, Delphi Automotive, Jadoo Power, and Plug Power.

[] via Fuel Cell Today


Comments are closed.

Creative Commons License by Pilko Technology Associates, LLC is licensed under a Creative Commons Attribution-Noncommercial-No Derivative Works 3.0 United States License.
Based on a work at content is used with the permission of the original copyright owner.
Terms and Conditions | Privacy Policy
Olark Livehelp