This EDA investment supports the H2THEFUTURE coalition, led by the greater new orleans development foundation, with boosting the clean energy sector in new orleans by transitioning the regional…

Project Grant Awarded

Award ID
087905672
Recipient
Awarding agency
Obligated
$12,960,000

Award facts

Assistance listing
11.307 Economic Adjustment Assistance
Completion date
Not on record
Funding
  • $10,000,000.00 Federal
  • $2,960,000.00 Non-federal
Place of performance
New Orleans, LA 70122, USA

Award details come from USAspending.gov.

Description

As the agency reported it.

This EDA investment supports the H2THEFUTURE coalition, led by the greater new orleans development foundation, with boosting the clean energy sector in new orleans by transitioning the regional hydrogen energy sector by closing the GAP between green hydrogen (produced from renewable energy sources) to other forms of hydrogen used today, which rely on fossil fuels. Coalition projects include supporting a central campus that connects the entire cluster ecosystem, coordinating a range of programming, testbeds to improve hydrogen cost competitiveness, a development center for hydrogen-fueled ships, and a hydrogen fueling barge. Once implemented, the investment will help develop and strengthen regional industry clusters - all while embracing economic equity, creating good-paying jobs, and enhancing U.S. Competitiveness globally.

Quick answers

Who received award 087905672?

087905672 was awarded to University Of New Orleans Research And Technology Foundation, Inc. by Economic Development Administration (Department of Commerce) on September 8, 2022.

How much is award 087905672 worth?

$12,960,000 has been obligated on 087905672: $10,000,000 in federal funding and $2,960,000 in non-federal funding.

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