A new gold rush in California is coming to the fore as private and public investments push hydrogen fuel cell technology forward, and the U.S. Department of Energy is the latest to enter the arena.
Autoblog Green reports the DOE will be delivering $7 million in funding for the development of "lightweight, compact, and inexpensive advanced hydrogen storage systems that will enable longer driving ranges and help make fuel cell systems competitive for different platforms and sizes of vehicles," the majority of the funds to land in California. Pasadena's Materia will receive the most of the California-bound taxpayer dollars, with $2 million to help reduce the cost of storing compressed hydrogen through the use of "a novel resin system" aimed to replace carbon fiber composites in storage tanks.
The latest round of funding comes on the heels of similar investments into hydrogen storage and fueling infrastructure, including a $27.6 million grant by the California Energy Commission to FirstElement Fuel Inc., the startup founded by former General Motors and Hyundai exec Joel Ewanick. The only non-California recipient was PPG Industries of Greensboro, N.C., who will like supply its glass fiber tanks to the sole public fueling station outside of the new gold rush, located in Columbia, S.C.
from The Truth About Cars http://ift.tt/Jh8LjA
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