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DEMS0000066

Project Grant

Overview

Grant Description
Inflation Reduction Act (IRA) Maysville high-efficiency heat pump compressor manufacturing project.

The objective of the project is to retrofit an existing domestic manufacturing facility to create capacity of up to 1 million twin-rotary variable speed capacity compressors annually.
Awardee
Melco Hvac Us
Funding Goals
THE PURPOSE OF THIS FUNDING OPPORTUNITY ANNOUNCEMENT IS TO ACCELERATE THE GROWTH OF DOMESTIC PRODUCTION CAPABILITY OF ELECTRIC HEAT PUMPS TO MEET THE ANTICIPATED INCREASED DEMAND FOR CLEAN ENERGY TECHNOLOGIES AS THE ECONOMY TRANSITIONS TO NET-ZERO EMISSIONS.
Grant Program (CFDA)
81.253 - Manufacturing and Energy Supply Chain Demonstrations and Commercial Applications
Awarding Agency
National Energy Technology Lab (NETL) [DOE]
Funding Agency
Department of Energy (DOE)
Place of Performance
Maysville, Kentucky 41056-8683 United States
Geographic Scope
Single Zip Code
Related Opportunity
Department of Energy Heat Pump Defense Production Act Program (DE-FOA-0002987)
Melco Hvac Us was awarded High-Efficiency Heat Pump Compressor Manufacturing Grant Project Grant DEMS0000066 worth $50,000,000 from the Department of Energy in August 2024 with work to be completed primarily in Maysville Kentucky United States. The grant has a duration of 1 year 7 months and was awarded through assistance program 81.253 Manufacturing and Energy Supply Chain Demonstrations and Commercial Applications. $114,048,027 (70.0%) of this Project Grant was funded by non-federal sources. The Project Grant was awarded through grant opportunity Department of Energy Heat Pump Defense Production Act Program.

Status
(Ongoing)

Last Modified 7/1/25

Period of Performance
8/1/24
Start Date
3/31/26
End Date
71.0% Complete

Funding Split
$50.0M
Federal Obligation
$114.0M
Non-Federal Obligation
$164.0M
Total Obligated
30.0% Federal Funding
70.0% Non-Federal Funding

Activity Timeline

Interactive chart of timeline of amendments to DEMS0000066

Transaction History

Modifications to DEMS0000066

Additional Detail

Award ID FAIN
DEMS0000066
SAI Number
None
Award ID URI
SAI EXEMPT
Awardee Classifications
For-Profit Organization (Other Than Small Business)
Awarding Office
892433 NATIONAL ENERGY TECHNOLOGY LABORATORY
Funding Office
892412 OFFICE OF MANUFACTURING AND ENERGY SUPPLY CHAINS (MESC)
Awardee UEI
L7ZDWFC3TAJ4
Awardee CAGE
None
Performance District
KY-04
Senators
Mitch McConnell
Rand Paul
Modified: 7/1/25