October 6, 2025--Researched by Industrial Info Resources (Sugar Land, Texas)--As the U.S. federal government navigates its way through a shutdown that started October 1, President Donald Trump's administration is firing a volley at renewable-based energy development. The U.S. Department of Energy (DOE) announced Thursday it had slashed 321 financial awards, totaling $7.56 billion in value, aimed at clean energy projects. The move deepened a partisan divide over federal spending that is unlikely to be resolved in the coming days. Although the DOE did not specify exactly which projects would see funding cuts, California Governor Gavin Newsom said in a press release that the Alliance for Renewable Clean Hydrogen Energy Systems (ARCHES) program was among those affected. Companies set to lose support include Plug Power Incorporated and Pajarito Powder LLC. Other companies featured: Hyundai Motor Company, Kia Corporation and Ecovyst Catalyst Technologies Incorporated
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