Secretary Chu Announces $41.9 Million to Spur Growth of Fuel Cell Markets
April 15, 2009
To expand the use of clean and renewable energy sources and reduce America's dependence on foreign oil, Energy Secretary Steven Chu announced $41.9 million in American Recovery and Reinvestment Act funding for fuel cell technology.
These efforts will accelerate the commercialization and deployment of fuel cells and will create jobs in fuel cell manufacturing, installation, maintenance, and support services. The new funding will improve the potential of fuel cells to provide power in stationary, portable, and specialty vehicle applications, while cutting carbon emissions and broadening our nation's clean energy technology portfolio.
"The investments we're making today will help us build a robust fuel cell manufacturing industry in the United States," said Secretary Chu. "Developing and deploying the next generation of fuel cells will not only create jobs—it will help our businesses become more energy efficient and productive. We are laying the foundation for a green energy economy."
The $41.9 million will support immediate deployment of nearly 1,000 fuel cell systems for emergency backup power and material handling applications (e.g., forklifts) that have emerged as key early markets in which fuel cells can compete with conventional power technologies. Additional systems will be used to accelerate the demonstration of stationary fuel cells for combined heat and power in the larger residential and commercial markets.
For a detailed, state-by-state list of awards, see the Fuel Cell Technologies Program Recovery Act Selected Awards page.