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OCOchem wins $2.5M U.S. Department of Energy “Hydrogen Shot” grant to advance clean hydrogen technologies

Award will be used to improve and scale technology to make large quantities of formic acid to develop safer and more cost-effective ways to make, distribute, and use clean hydrogen

Clean fuel and chemical innovator OCOchem and the U.S. Department of Energy (DOE)’s Pacific Northwest National Laboratory (PNNL) will continue a successful collaboration to make it safer and more affordable to transport clean hydrogen, thanks to a new $2.5 million DOE funding award.

The award is one of 22 projects across 14 states totaling $42 million in DOE funds to advance critical technologies for producing, storing, transporting and deploying clean hydrogen, a non-polluting energy source.

Read the full Yahoo! Finance article HERE

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