The Department of Commerce Economic Development Administration awarded a $500,000 project grant to the Greater New Orleans Development Foundation under the Economic Adjustment Assistance program (CFDA 11.307). The funding supports the H2TheFuture coalition's proposal to build a green hydrogen energy cluster and decarbonize the South Louisiana industrial corridor. Specifically, the grant will coordinate and execute five interrelated projects: 1) a workforce training program; 2) a green hydrogen pilot program; 3) net-zero business development; 4) three R&D infrastructure projects in green hydrogen, carbon utilization and sequestration, and naval engineering; and 5) a new energy institute to coordinate stakeholders and incubate clean energy startups. The goals are to preserve traditional energy jobs through lower-carbon solutions and position the region as a leader in the emerging green hydrogen economy. The two-year grant period extends from December 2021 through December 2023.
Mod # | Description | Reason For Modification | Federal Obligation (Click to sort descending) | Date (Click to sort ascending) |
|---|---|---|---|---|
| Not listed | $500.0k | 12/15/21 |