Net Zero Transition > Industrial Decarbonisation > New York hydrogen company suspends $1.7 bln US DOE loan in pivot to data centres

New York hydrogen company suspends $1.7 bln US DOE loan in pivot to data centres

Published 22:14 on November 13, 2025 / Last updated at 22:14 on November 13, 2025 / / Americas (US & Canada), Net Zero Transition (Industrial Decarbonisation, Power/Electrification, Transport & Heating Fuels)

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A New York-based green hydrogen company announced this week that it is suspending activities related to a $1.7 billion US DOE loan and halting work on six hydrogen facilities as it pivots to serving the growing data centre market.
A New York-based green hydrogen company announced this week that it is suspending activities related to a $1.7 billion US DOE loan and halting work on six hydrogen facilities as it pivots to serving the growing data centre market.


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