Biden-Harris Administration Announces Awards for Up to $2.2 Billion for Two Regional Clean Hydrogen Hubs to Bolster America’s Global Clean Energy Competitiveness and Strengthen Our National Energy Security

URLhttps://www.energy.gov/articles/biden-harris-admin
Sourceenergy.gov
Date Published11/20/2024

Additional Reshoring Information:

Company/Division name HyVelocity Hub
Type of work Manufacturing
Reshoring category:Reshoring
Total number of jobs (added or to be added):45000
Year reshoring announced:2024
Domestically, the work will be done:In-house
Capital investment ($):1200
State(s) reshored to:TX
If relevant, work nearshored to:-
Industry(ies):Chemicals
Product(s) reshoredhydrogen
What domestic positive factors made reshoring more attractive?Government Incentives, Govt. Policy and subsidies
Government Incentive dollar amount:$1.2 billion
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