President Biden and U.S. Department of Energy Secretary Jennifer Granholm announced the creation of seven regional clean hydrogen hubs that will receive $7 billion in Infrastructure, Investment and Jobs Act funding to accelerate the domestic market for low-cost, clean hydrogen. According to the White House, the seven selected regional clean hydrogen hubs will utilize more than $40 billion in private investment and create tens of thousands of good-paying jobs – bringing the total public and private investment in hydrogen hubs to nearly $50 billion.
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