Empire Diversified Energy Included in ARCH2's DOE Funding for Hydrogen Projects

FOLLANSBEE, W.Va., Oct. 19, 2023 /PRNewswire/ -- Empire Diversified Energy, Inc. (OTC Markets Pink, Ticker Symbol: MPIR) announced its Anaerobic Digester project in Follansbee, Brooke County, West Virginia will receive funding via Empire's inclusion in the Appalachian Regional Clean Hydrogen Hub (ARCH2). U.S. Department of Energy (DOE) announced last week that ARCH2 was selected as one of seven hydrogen hub projects nationwide to receive funding from DOE's Office of Clean Energy Demonstrations (OCED). Specifically, the ARCH2 consortium is scheduled to receive up to $925 million to advance the development of hydrogen projects in West Virginia, Ohio, western Pennsylvania, and Kentucky. Empire's wholly owned subsidiary, Empire Green Generation, LLC, will oversee the Anaerobic Digester project.

In being selected for this funding, Empire has distinguished itself among significant players in the sustainable-energy space and looks forward to representing the Northern Panhandle in West Virginia's strong history of energy production. This project uses proven technology in an innovative way: using renewable feedstocks to generate green hydrogen that will be used for industrial and transportation fuel.

The vision of Empire's leadership team for establishing a hydrogen-based energy project in Follansbee is now fortified with Empire being selected as a Project Development Partner by ARCH2. The Anaerobic Digester project is just one of several Empire projects in various stages of operation and development that emphasize recycling, brownfields redevelopment, and economic growth while decarbonizing industrial and commercial operations at The Port of West Virginia.

Empire will be presenting project details to stakeholders and local citizens at upcoming public meetings as part of its Community Benefits Plan.

ARCH2 SELECTED FOR THE DEPARTMENT OF ENERGY'S HYDROGEN HUB FUNDING (Press Release)

About Empire Diversified Energy, Inc.

Empire Diversified Energy, Inc (EDE) is a multifaceted holding company with business units in the sustainable energy and logistics sector. Empire Diversified Energy's primary location in Follansbee, WV where it operates the Port of West of Virginia along with its Eco-Industrial Complex. The facility is geographically located along the Ohio River where it serves the crossroads of the East Coast and Midwest through its trimodal facility. EDE is currently deploying a host of innovative proven technologies serving the pathway to clean energy generation. These business units will serve the transportation, waste, steel, warehousing, and other sectors in an effort to help decarbonize the region.

SOURCE Empire Diversified Energy Inc.