The federal Project Grant award from the U.S. Department of Energy's Manufacturing and Energy Supply Chain Demonstrations and Commercial Applications program (CFDA 81.253) provides $164,048,027 to Melco HVAC US, Inc. to retrofit an existing manufacturing facility in Maysville, KY. The objective is to create capacity for up to 1 million twin-rotary variable speed compressors annually. This award supports the Inflation Reduction Act's efforts to strengthen domestic manufacturing capabilities for clean energy technologies, with a focus on electric vehicle components and energy efficiency solutions. The project aims to reduce foreign dependency on critical materials and support decarbonization by expanding U.S. manufacturing of high-efficiency heat pump compressors.
Generated 2/25/25, 3:01 AM