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DOE opens $8B funding opportunity for hydrogen hubs
Several Houston-area lawmakers are on board with the region's goal to develop a global clean hydrogen hub.
Local U.S. representatives, including Rep. Lizzie Fletcher and Rep. Dan Crenshaw, voiced bipartisan support for the Department of Energy to select Houston as a location for a hydrogen hub under a program created by the 2021 Infrastructure Investment and Jobs Act.
The DOE issued a Funding Opportunity Announcement for the program — which opens the floodgates for applications — on Sept. 22. The Department will select six to 10 projects that fit that roadmap, but the DOE may issue a second launch to solicit additional "H2Hubs" beyond those selected in the initial launch.
The Center for Houston's Future is developing an application for the project, CEO Brett Perlman told the HBJ earlier this year. The University of Houston has been working with the nonprofit Southern States Energy Board and other organizations on an application. The deadline for concept papers is Nov. 7, and the DOE expects to notify successful applicants by fall 2023.
Inside the people, companies and organizations making moves around Houston.
Houston SPAC eyes deal with Austin biotech co.
An Austin company plans to go public through a merger with a Houston-based special purpose acquisition company — also known as a SPAC or blank-check company — a strategy that was all the rage in 2021 but has fallen a bit out of favor this year.
Biotechnology company Direct Biologics Inc. has signed a letter of intent to merge with Good Works II Acquisition Corp. (Nasdaq: GWII), the second SPAC with a charitable component launched by Fred Zeidman and his team.
The original Good Works Acquisition Corp. went public with a $150M initial public offering in October 2020 and reached an agreement in March 2021 to take a U.S. bitcoin miner public.
Restaurant Roundup: Bludorn team reveals Navy Blue details
In this week's Restaurant Roundup, more details have been revealed about the Bludorn team's next restaurant, Fogo de Chão and Kirby Ice House both opened their third Houston-area locations, and four Houston-area barbecue joints made a new national list.
Check out the HBJ for the latest on Houston's food and restaurant scene.
CEO: Tech is 'common theme' of corporate relocations to Texas
Economic development officials, corporate executives, students, and business and government leaders gathered Sept. 30 at AT&T Stadium in Arlington for the YTexas Summit — a first-time event aimed at showcasing Texas’ $2T economy and the companies that make it tick.
Prior to the summit, our colleagues at the Dallas Business Journal asked Ed Curtis, CEO of YTexas, for his take on the pace of corporate relocations and the state’s growing role in the production of semiconductors, among other topics.
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