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Biden Administration finances GM hydrogen with 90 million - Sustainable Mobility

2024-03-14T19:05:18.393Z

Highlights: Biden Administration finances GM hydrogen with 90 million - Sustainable Mobility. It will be the program that General Motors launched in 2022 with Nel Hydrogen US (which is part of the Norwegian sector giant Nel ASA) The two companies will receive combined federal funding of $90 million to promote the use of clean hydrogen and help decarbonize the economy. "We are grateful for the support of the Department of Energy," said Kathy Ayers, Nel's vice president for research and development.


It will be the program that General Motors launched in 2022 with Nel Hydrogen US (which is part of the Norwegian sector giant Nel ASA) for the development of mobility solutions that use hydrogen that will benefit from the new aid launched by the administration... (HANDLE)


The program that General Motors launched in 2022 with Nel Hydrogen US (which is part of the Norwegian sector giant Nel ASA) for the development of mobility solutions that use hydrogen will benefit from the new aid launched by President Biden's administration .


    As announced by the US Department of Energy, the two companies will receive combined federal funding of $90 million to promote the use of clean hydrogen and help decarbonize the economy.


    In a note it is specified that approximately 10% of the work in the research and development programs will be carried out by Nel.

"We are grateful for the support of the Department of Energy," said Kathy Ayers, Nel's vice president for research and development, "which will help accelerate our research and development while solving key challenges for the future of the energy industry. 'hydrogen".


    When announced by the DoE, Energy Secretary David Turk confirmed it during a public speech in which he provided details on the overall expenditure of 750 million dollars that will be distributed to push for the production and use of hydrogen in the country . 


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Source: ansa

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