Twelve Benefit Corporation (48C Self-Disclosed)

Through this project, Twelve will design, construct, and deploy a manufacturing facility for its core technology, the Opus CO2 electrolyzers, in Alameda, CA, establishing ourselves as the world's largest manufacturer of PEM CO2 electrolyzers. This project will continue to grow the carbon transformation industry, potentially enabling thousands of new jobs across a growing clean energy manufacturing industry. The Opus units manufactured from this site will be used at other Twelve projects to produce power-to-liquid (PtL) sustainable aviation fuel (SAF) and other value-added chemicals, supporting the Administration's ambitious decarbonization goals and enabling the scale needed to compete with petroleum-based products produced in the US.

The U.S. Department of Energy (DOE) released applicant self-disclosed information for 22 projects across 17 states that voluntarily shared with DOE that they received a total of nearly $1 billion in allocations from the Qualifying Advanced Energy Project Credit (48C). Nine of the self-disclosed projects indicated they are located in 48C energy communities – communities with closed coal mines or coal plants—showcasing the Biden Administration’s commitment to investing in America’s energy communities.