Hyliion Awarded $6 Million Federal Grant to Advance Methane Emission Reductions in the Oil and Gas Industry [Yahoo! Finance]
Hyliion Holdings Corp. Class A (HYLN)
Company Research
Source: Yahoo! Finance
of sustainable electricity-producing technology, today announced it has been awarded a $6 million grant from the U.S. Department of Energy's (DOE) Methane Emissions Reduction Program. For this project, representing a total of $8.4 million in federal and non-federal funding, Hyliion will install up to 2 megawatts of KARNO™ generators in collaboration with oil and gas partners. The project will demonstrate the KARNO generator's unique ability to operate on well-head gas to produce sustainable, near-zero emissions electricity. In 2023, Hyliion successfully tested gas from the Permian Basin, highlighting the generator's fuel-agnostic design and its capability to utilize unprocessed gas. This distinctive capability positions the KARNO generator as a groundbreaking solution for reducing flaring and methane emissions while delivering efficient, scalable power. "The KARNO generator is redefining what's possible in sustainable energy production by turning waste gas that would normally be f
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HYLN
News
- Hyliion secures $6m methane emissions reduction grant [Yahoo! Finance]Yahoo! Finance
- Hyliion Awarded $6 Million Federal Grant to Advance Methane Emission Reductions in the Oil and Gas IndustryBusiness Wire
- New Market Study on Additive Manufacturing for Military and Defense Sees Momentous Growth; AM Research Estimates $800M In Direct DoD Spend in 2024, Exceeding $2.6B in 2030 [Yahoo! Finance]Yahoo! Finance
- Hyliion Holdings Corp. (HYLN) Q3 2024 Earnings Call Transcript [Seeking Alpha]Seeking Alpha
- Hyliion Holdings Reports Third-Quarter 2024 Financial Results [Yahoo! Finance]Yahoo! Finance
HYLN
Earnings
- 11/14/24 - Beat
HYLN
Sec Filings
- 12/19/24 - Form 4
- 12/12/24 - Form 4
- 12/12/24 - Form 4
- HYLN's page on the SEC website