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
PSX Ratings Summary
Quant
PSX Quant Ranking
Sector
Industry
Quant Rating
Quant Score