Hexagon granted funding by the U.S Department of Energy
Hexagon has been granted USD 2.6 million (approx. NOK 24 million) in initial funding by the U.S Department of Energy (DOE) to research how carbon fiber and composite structure can be optimized to reduce hydrogen and natural gas storage tank costs. Hexagon’s research project was chosen following a competitive selection process and the DOE has announced funding opportunities for a total of 18 projects that support H2@Scale’s vision for affordable hydrogen production, storage, distribution, and use. H2@Scale is a DOE initiative that supports innovations to produce, store and utilize