Renewable Thermal Collaborative Statement on DOE $6 Billion Industrial Decarbonization Funding Announcement

Today’s funding announcement marks a turning point in the conversation about industrial decarbonization. The Department of Energy’s (DOE) funding is designed to leverage 50% cost-sharing from manufacturers: these combined resources will help companies deploy scalable decarbonization solutions that will help make U.S. manufacturing more competitive and provide meaningful benefits to local communities. This is a transformational model, and we’re already seeing companies looking at the opportunities this partnership will enable.