Cabot (CBT) and its partners will utilize this money to help the implementation of fuel cells, which generate electricity by emitting only water.
BOSTON, April 18, 2024--Cabot Corporation (NYSE: CBT) announced that the U.S. Department of Energy (DOE), under the Bipartisan Infrastructure Law, selected its application for a $5 million research grant. This grant will be used by Cabot and its partners to support the deployment of fuel cells, which emit only water when creating electricity.
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