The Rochester area, and the northeast region of the U.S. as a whole, could be on the brink of receiving $1.25 billion in federal funding for green hydrogen production, as announced by Senate Majority Leader Chuck Schumer during his visit to Henrietta.
The proposed funding, if approved, would significantly benefit Plug Power, an Albany-based company leading the country in green hydrogen production. The company’s in-progress Batavia factory is expected to bolster its manufacturing capabilities and increase production of green hydrogen, a form of clean energy that emits only water vapor and heat.
Plug Power, employing over 2,000 individuals in New York State, plans to utilize hydroelectric power to produce green hydrogen, according to CEO Andy Marsh. This funding injection would enable the company to fulfill $7 billion in potential orders, contingent upon the deal’s approval. Additionally, the funds would support Plug Power’s integration into a proposed network of green hydrogen facilities in the northeast, comprising over 100 public and private partnerships.
Although the deal remains unsigned, Schumer expressed confidence in his ability to secure the funding for the northeast region. Finalization of plans is expected in early fall, with funding expected to follow soon after. Schumer emphasized the enormous opportunity this presents for New York and Rochester to establish themselves at the heart of America’s first billion-dollar clean hydrogen hub.
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