(Newswire)—Yosemite Clean Energy, LLC (YCE) has been awarded a $5-MM grant from the California Energy Commission (CEC). The funding will support the development of YCE's cutting-edge H2 production plant in Oroville, California. Only two CEC grants were awarded, placing Yosemite at the top of a competitive field.
The plant, projected to be completed in Q1 2026, aims to harness forest biomass and convert it into green H2 fuel. Green H2 is a critical component of the transition to a renewable transportation sector in California and can fuel trucks, buses, cars, ships and planes while removing CO2 emissions from the atmosphere due to its negative carbon intensity.
Moreover, this innovative solution reduces particulate emissions, directly benefiting public health and mitigating the most immediate threat to our climate. Utilizing wood waste also significantly reduces the risk of catastrophic wildfire, improves ecosystem and watershed health, and will create over 55 jobs in the local community.
"We are thrilled to receive this funding, as it is a significant milestone in achieving our goal of producing sustainable transportation fuel while helping the rural forest and farm communities," said Thomas Hobby, CEO of Yosemite Clean Energy. "The grant presents us with an invaluable opportunity to continue to establish our first biofuels plant in California."