Source – DOE May 22, 2023 – On May 22, 2023, the U.S. Department of Energy (DOE) announced nearly $42 million in funding for 22 projects to advance critical technologies for producing, storing, and deploying clean hydrogen. OCOchem was one of two projects awarded under the FOA’s Topic 3 – Materials-based Hydrogen Storage Demonstrations – for their project: Formic Acid-Based Hydrogen Energy Production and Distribution System (Formic-HEPADS).