NewHydrogen to Benefit from Historic $550 Billion Federal Funding for Clean Energy Industry
SANTA CLARITA, Calif., Nov. 19, 2021 (GLOBE NEWSWIRE) -- NewHydrogen, Inc. (OTC:NEWH), a developer of green hydrogen technologies, today commented on the recent passage of the Infrastructure Investment and Jobs Act (IIJA), which includes historic investments in clean hydrogen programs. NewHydrogen anticipates broad industry opportunities for green hydrogen technologies, such as the one the Company is currently developing.
- NewHydrogen anticipates broad industry opportunities for green hydrogen technologies, such as the one the Company is currently developing.
- The program establishes a clean energy strategy and roadmap for the United States that includes more than $550 billion in new federal investment in Americas infrastructure.
- The plan also establishes regional clean hydrogen hubs to demonstrate new technology and accelerate the commercialization of clean hydrogen.
- Dr. Lee concluded, We look forward to pursuing opportunities to accelerate the adoption of green hydrogen with this significant federal investment in clean energy.