California will be the first state to receive federal funds under a program to create regional networks, or “hubs,” that produce hydrogen as an energy source for vehicles, manufacturing and generating electricity
FILE - A 2021 Toyota Prius that runs on a hydrogen fuel cell sits on display at the Denver auto show on Sept. 17, 2021, at Elitch's Gardens in downtown Denver. California will be the first state to receive federal funds under a program to create regional networks, or"hubs," that produce hydrogen as an energy source for vehicles, manufacturing and generating electricity, officials announced Wednesday, July 17, 2024. , officials announced Wednesday.
The hubs, which include projects in 16 states, will spur more than $40 billion in private investment and create tens of thousands of good-paying jobs, many of them union positions, President Joe Biden has said. Frank Wolak, president and CEO of the Fuel Cell & Hydrogen Energy Association, said Wednesday's announcement is monumental because the Energy Department got through a rigorous competitive process to be at the point now where there are contracts and it’s able to fund the hubs.
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