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09 Jun
12:01

DOE approves $504.4m loan guarantee for Utah hydrogen, storage project

The US Department of Energy has closed on a $504.4 million loan guarantee to the Advanced Clean Energy Storage project in Utah that will be one of the world’s largest green hydrogen production and storage facilities, Kallanish reports. The action marks the first loan guarantee for a new clean energy technology project from DOE’s Loan Programs Office since 2014. The loan guarantee will help finance construction of what DOE says will be the largest clean…
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