The U.S. Department of Energy (DOE) awarded a $21,962,062 Cooperative Agreement under its Clean Energy Demonstrations program (CFDA 81.255) to Hyvelocity, LLC on November 18, 2024. The project aims to demonstrate a pathway in the Gulf Coast region to a profitable, equitable, and sustainable clean energy future by leveraging hydrogen as a clean, versatile energy carrier to transform and decarbonize industry, while generating new economic opportunities for historically underrepresented communities. Key sub-awardees include MHI Hydrogen Infrastructure LLC, Air Liquide Large Industries U.S. LP, Air Liquide Hydrogen Energy US LLC, Bayou Green H2, LLC, Exxonmobil Low Carbon Solutions Operations and Marketing LLC, Crescent Bayou LLC, Ørsted Star P2X LLC, and Institute of Gas Technology (GTI Energy). The project is scheduled for completion by April 30, 2026.
Mod # | Description | Reason For Modification | Federal Obligation (Click to sort descending) | Date (Click to sort ascending) |
|---|---|---|---|---|
| Not listed | $0 | 6/4/25 | ||
| Not listed | $0 | 11/18/24 | ||
| Not listed | $22.0m | 11/15/24 |
Grant Number | Description | Subgrantee | Prime Award | Dollars Obligated (Click to sort descending) | Updated At (Click to sort ascending) |
|---|---|---|---|---|---|
NAS | MHI Hydrogen Infrastructure LLC | Cooperative Agreement DECD0000038 | $1.4m | 11/18/24 | |
NAS | Bayou Green H2, LLC | Cooperative Agreement DECD0000038 | $1.4m | 11/18/24 | |
NAS | Exxonmobil Low Carbon Solutions Operations And Marketing LLC | Cooperative Agreement DECD0000038 | $1.2m | 11/18/24 | |
NAS | Air Liquide Hydrogen Energy US LLC | Cooperative Agreement DECD0000038 | $726.7k | 11/18/24 | |
NAS | Crescent Bayou LLC | Cooperative Agreement DECD0000038 | $1.4m | 11/18/24 |