Nikola Invests $50 Million in Wabash Valley Resources to Produce Clean Hydrogen in the Midwest for Zero-Emission Nikola Trucks Published June 22, 2021
The completed facility should have the capability to produce up to 336 tons per day of hydrogen, enough to generate approximately 285 megawatts of clean electricity. The project is expected to require 125 full-time employees and may support 750 construction jobs. Groundbreaking is expected in early 2022 and will take approximately two years to complete.
The U.S. Department of Energy concludes that by 2050, the U.S. hydrogen economy could lead to an estimated $750 billion per year in revenue and a cumulative 3.4 million jobs.