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Hyliion Awarded $6 Million Federal Grant to Advance Methane Emission Reductions in Partnership with Oil and Gas Industry

Dec 23, 2024•over 1 year ago

Contract Type

partnership

Cedar ParkEnergyOil And GasRenewable Energy

Description

Hyliion Holdings Corp. has been awarded a $6 million grant from the U.S. Department of Energy’s Methane Emissions Reduction Program to advance methane emission reductions in the oil and gas industry. The partnership aims to install up to 2 megawatts of KARNO™ generators to produce sustainable, near-zero emissions electricity using well-head gas, representing a total of $8.4 million in federal and non-federal funding.

Company Information

Company

Hyliion

Location

1202 BMC Drive Suite 100

Cedar Park, Texas, United States

About

Hyliion is committed to creating innovative solutions that enable clean, flexible and affordable electricity production. The company’s primary focus is to provide distributed power generators that can operate on various fuel sources to future-proof against an ever-changing energy economy. Headquartered in Austin, Texas, and with research and development in Cincinnati, OH, Hyliion is addressing the commercial space first with a locally-deployable generator that can offer prime power, peak shaving, and renewables matching. Beyond stationary power, Hyliion will address mobile applications such as vehicles and marine. The KARNO generator is a fuel-agnostic solution, enabled by additive manufacturing, that leverages a linear heat generator architecture. Hyliion aims to offer innovative, yet practical solutions that contribute positively to the environment in the energy economy.

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