"US Clean Energy Manufacturing Investments: Topsoe to Build Electrolyzer and Fuel Cell Factories with IRA Backing"

The U.S. Department of Energy has announced 35 projects across 20 states that will receive a total of $1.93 billion in allocations of the Qualifying Advanced Energy Project Credit (48C) as part of President Biden’s clean energy manufacturing and recycling initiative. These projects aim to address critical needs in the clean energy economy, including grid components, electric vehicle components, solar components, clean steel, critical materials processing and recycling, and other clean energy products. Seven of the projects are located in traditional energy communities, supporting the administration's commitment to invest in communities with closed coal mines or coal plants. The projects will also create jobs and training opportunities in the clean energy and manufacturing sectors.