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Permascand USA, Inc. has been awarded $13.7 million in tax credit by the U.S. Department of Energy (DOE) through their Qualifying Advanced Energy Project Credit (§ 48C) program. In the program's second round, Permascand submitted a project related to a new manufacturing facility in Houston, Texas for high-performance electrodes from both new and recycled materials. These electrodes represent a core component of clean hydrogen production.
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