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US DOE Closes $504.4 Million Loan to Advanced Clean Energy Storage Project for Hydrogen Production and Storage - Vimarsana News

US DOE Closes $504.4 Million Loan to Advanced Clean Energy Storage Project for Hydrogen Production and Storage

The hub will use Utah’s unique geological salt domes to store green hydrogen across two massive salt caverns, each capable of storing 150 gigawatt hours of energy.

DOE approves $504 million loan for world's largest green hydrogen hub - Vimarsana News

DOE approves $504 million loan for world's largest green hydrogen hub

The Department of Energy's Loan Programs Office closed on a $504.4 million loan guarantee to develop the world's largest industrial green hydrogen

Massive Utah Hydrogen Storage Project Garners Finalized $504M DOE Loan Guarantee - Vimarsana News

Massive Utah Hydrogen Storage Project Garners Finalized $504M DOE Loan Guarantee

The Department of Energy’s (DOE’s) first official loan guarantee for a new clean energy technology project since 2014 will go to the Advanced Clean Energy

DOE closes on $504M loan guarantee for Utah hydrogen storage project with 150 GWh seasonal capacity - Vimarsana News

DOE closes on $504M loan guarantee for Utah hydrogen storage project with 150 GWh seasonal capacity

Utility industry news and analysis for energy professionals.

Green energy: Hydrogen project in central Utah will be largest in world - Vimarsana News

Green energy: Hydrogen project in central Utah will be largest in world

What is touted to be the world's largest industrial green hydrogen production and storage facility received a conditional commitment of more than $504 million in federal funding, a big development for the Advanced Clean Energy Storage project.

Source: ksl.com