Plug Power, GM Win Federal Funds In $750 Million Push To Accelerate Clean Hydrogen
The Biden Administration is disbursing $750 million of federal grant funds for electrolyzer and fuel cell production projects.gettyThe Biden Administration is pushing ahead with efforts to make carbon-free hydrogen a cheaper and more widely used form of clean energy, dispersing $750 million of federal funds to help companies and universities including Plug Power, General Motors and Cummins scale up production of electrolyzers that make hydrogen and fuel cells that use it.Plug Power, which hopes to be a lead ...