# HYVELOCITY, LLC: $21,962,062 Grid Innovation & Resilience award

**Funded Project Score:** 35/100

| Field | Value |
|---|---|
| Recipient | HYVELOCITY, LLC |
| Program | Grid Innovation & Resilience (81.255) |
| Award | $21,962,062 |
| Period | 2024-11-18 to 2035-03-31 |
| Agency | Department of Energy / Department of Energy |
| Description | TO DEMONSTRATE A PATHWAY IN THE GULF COAST REGION TO A PROFITABLE, EQUITABLE, AND SUSTAINABLE CLEAN  ENERGY FUTURE, HYDROGEN WILL BE LEVERAGED AS A CLEAN, VERSATILE ENERGY CARRIER TO TRANSFORM AND  DECARBONIZE INDUSTRY, WHILE GENERATING NEW ECONOMIC OPPORTUNITIES SHARED WITH THE HISTORICALLY  UNDERREPRESENTED. |
| Award ID | DECD0000038 |

## Why this score
- Award of $5M or more.

Source: USAspending.gov federal assistance awards (Assistance Listings 81.254, 81.255, 81.256) (https://www.usaspending.gov/award/ASST_NON_DECD0000038_089). Last refreshed: 2026-11-03T18:30:24.609Z.
Award data comes from USAspending.gov as reported by federal agencies and can lag or be revised; an award is not a procurement opportunity by itself. Organizations only; awards redacted for individual privacy are excluded. Informational only.