Monolith
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Hydrogen
DOE’s First $1B Loan Guarantee in Years Seeks to Bolster Turquoise Hydrogen Process
The Department of Energy’s (DOE’s) first conditional loan guarantee offered to a non-nuclear project since 2016 will finance the expansion of a pioneering commercial-scale “turquoise hydrogen” and carbon black production facility in Nebraska. The agency’s Loan Programs Office (LPO) on Dec. 23 offered a commitment to guarantee a loan of up to $1.04 billion under […]