Phillips 66 receives $3 million grant to advance reversible solid oxide fuel cell technology

Houston--(business wire)--phillips 66 (nyse: psx) today announced it has received a $3 million grant from the u.s. department of energy to advance the development of high-performance reversible solid oxide fuel cells. phillips 66 will collaborate with the georgia institute of technology (georgia tech) to demonstrate the commercial feasibility of a low-cost and highly efficient reversible solid oxide fuel cell (rsofc) system for hydrogen and electricity generation. the technology is one of many
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