TIC, Sargent & Lundy, Mitsubishi lead team picked to build $1.2B hydrogen-capable Texas power plant, as U.S. Energy Dept. aims first half of infrastructure law funds to expand fuel's use and refine technology gaps some market observers see.

Ex-investment banker took a risk in 2019 on $500M Long Ridge project, betting that tech sector customers and others will embrace the new fuel as a draw to locate in a struggling Ohio region; as the energy transition unfolds, he says the gamble is set to pay off.

With political urgency, market incentive and technology aligning, this fossil fuel alternative is becoming more real than ever. What projects are in the pipeline and who's jumping on the bandwagon?