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Monolith receives conditional approval for a one billion-dollar US Department of Energy loan

12/23/2021

Press Release - Monolith   The clean hydrogen production leader's pyrolysis technology has met D.O.E.'s stringent eligibility requirements for a program designed to accelerate the commercial deployment of innovative energy technology Monolith, a leader in clean materials production, today announced it has received conditional approval for a $1.04 billion loan from the U.S. Department of Energy (D.O.E.). Established via the Title XVII Innovative Energy Loan Guarantee Program, the loan will allow Monolith to expand its clean hydrogen and carbon black production facilities in Hallam, Nebraska, U.S.A. "Reaching the ambitious goal of global decarbonization by 2050 will require the innovation

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