Advent Technologies Holdings, Inc. has co-signed a Memorandum of Understanding (MoU) with the New York State Energy Research and Development Authority (NYSERDA) and more than 60 clean hydrogen ecosystem partners.
Under the MoU, the parties will collaborate to develop a proposal that will enable the Northeastern United States to become one of at least four regional clean hydrogen hubs designated through the federal Regional Clean Hydrogen Hubs program, included in the bipartisan Infrastructure Investment and Jobs Act.
The coalition of six States (Connecticut, Massachusetts, Maine, New Jersey, New York, and Rhode Island), along with more than 60 clean hydrogen ecosystem partners, are laying the groundwork for a proposal for the United States Department of Energy funding opportunity anticipated to be announced in September or October 2022, with up to $8 billion in total funding available.
After the initial announcement in March 2022, New York has continued to add strategic partners that now include 14 private sector industry leaders, 12 utilities, 20 hydrogen technology original equipment manufacturers (OEMs), 10 universities, seven non-profit organizations, five other States, two transportation companies, and, three State agencies.
New partners include:
- Advent Technologies
- Air Liquide
- Ambient Fuels
- Amogy, Inc.
- Avangrid, Inc.
- Charbone Hydrogen Corporation
- Connecticut Green Bank
- Constellation Energy Generation, LLC
- Edgewise Energy
- EDP Renewables North America
- Eversource Energy Co.
- General Electric
- H2/HPA Sonics
- Holcim US
- Hyzon Motors Inc.
- Infinity Fuel Cell and Hydrogen, Inc.
- National Fuel Gas Distribution Corporation
- Nel Hydrogen
- NECEC (Northeast Clean Energy Council and NECEC Institute)
- New Jersey Clean Cities Coalition
- Northville Industries Corp.
- NovoHydrogen, Inc.
- Pratt & Whitney
- Precision Combustion, Inc.
- Rensselaer Polytechnic Institute
- Rhode Island Energy
- Siena College
- Skyre, Inc.
- Peaks Renewables and Summit Utilities, Inc.
- University of Connecticut
Consortium partners have committed to collaborate with the NYSERDA, New York Power Authority, and Empire State Development to develop the proposal to advance clean hydrogen projects. At the same time, partnering States will also coordinate with their respective State entities to help align the consortium’s efforts with each State’s climate and clean energy goals, such as Massachusetts goal of reaching net-zero carbon emissions by 2050.
Dr Vasilis Gregoriou, Chairman and CEO of Advent Technologies, said, “All of us at Advent embrace the belief that the world can decarbonize faster by adopting hydrogen and fuel cells to replace conventional and polluting energy sources that use fossil fuels.”