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machh2-and-hyvelocity-hydrogen-hubs-secure-doe-agreements-for-initial-project-funding
machh2-and-hyvelocity-hydrogen-hubs-secure-doe-agreements-for-initial-project-funding

MachH2 and HyVelocity hydrogen hubs secure DOE agreements for initial project funding

MachH2 has been bolstered by an initial $22.5 million allocation from the $1 billion in federal funding it secured, whilst HyVelocity has secured $22m from $1.2bn.

Phase one of the hubs is expected to last between 12 and 18 months, encompassing planning, design, development and community and labour engagement activities.

H2 View understands that the eight projects located in Illinois, Indiana, and Michigan that form part of MachH2 will produce over 1,000 tonnes per day of pink, blue, or green hydrogen, subject to guidance from the US Treasury Department and tax credits under 45V.

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