Associated tags: Economics, Renewable energy, Hydrogen, MOSS, Engineering, Temasek, Cell
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MOSS LANDING, Calif., April 9, 2024 /PRNewswire/ -- Verdagy, a green hydrogen electrolysis company with over a decade of technology and product development experience, announced today a strategic agreement with Doral, a leading renewable energy developer, in which Verdagy will supply green hydrogen electrolysis systems to Doral through 2030. The agreement is global with a focus on green hydrogen projects Doral is developing in Europe, United States, Australia and the Middle East.
Key Points:
- MOSS LANDING, Calif., April 9, 2024 /PRNewswire/ -- Verdagy , a green hydrogen electrolysis company with over a decade of technology and product development experience, announced today a strategic agreement with Doral , a leading renewable energy developer, in which Verdagy will supply green hydrogen electrolysis systems to Doral through 2030.
- The agreement is global with a focus on green hydrogen projects Doral is developing in Europe, United States, Australia and the Middle East.
- "Verdagy has developed green hydrogen electrolyzers that seamlessly pair in real-time with renewable energy sources, have the highest efficiencies and are cost-effective.
- With Verdagy's electrolyzers already operating for several years, we are excited to now use these in our infrastructure scale, green hydrogen projects," said Doral Hydrogen Managing Director Yam Efrati-Bekerman.
MOSS LANDING, Calif., April 9, 2024 /PRNewswire/ -- Verdagy, a green hydrogen electrolysis company with over a decade of technology and product development experience, announced today a strategic agreement with Doral, a leading renewable energy developer, in which Verdagy will supply green hydrogen electrolysis systems to Doral through 2030. The agreement is global with a focus on green hydrogen projects Doral is developing in Europe, United States, Australia and the Middle East.
Key Points:
- MOSS LANDING, Calif., April 9, 2024 /PRNewswire/ -- Verdagy , a green hydrogen electrolysis company with over a decade of technology and product development experience, announced today a strategic agreement with Doral , a leading renewable energy developer, in which Verdagy will supply green hydrogen electrolysis systems to Doral through 2030.
- The agreement is global with a focus on green hydrogen projects Doral is developing in Europe, United States, Australia and the Middle East.
- "Verdagy has developed green hydrogen electrolyzers that seamlessly pair in real-time with renewable energy sources, have the highest efficiencies and are cost-effective.
- With Verdagy's electrolyzers already operating for several years, we are excited to now use these in our infrastructure scale, green hydrogen projects," said Doral Hydrogen Managing Director Yam Efrati-Bekerman.
MOSS LANDING, Calif., March 28, 2024 /PRNewswire/ -- Verdagy, a renewable hydrogen electrolysis company with over a decade of technology and product development experience, announced today that Shell provided technical endorsement of Verdagy's eDynamic® electrolyzers. This major step qualifies Verdagy as a supplier in its upcoming green hydrogen projects. Verdagy worked with the Shell team to successfully complete a rigorous "HAZOP" (safety) review along with a detailed Design and Technology Development Review of Verdagy's electrolyzers, as necessary and important steps to commercial adoption within Shell.
Key Points:
- Shell to Endorse Verdagy Renewable Hydrogen Electrolyzers After Successful, Year-Long, Completion of Detailed Technology, Design and Safety Reviews
MOSS LANDING, Calif., March 28, 2024 /PRNewswire/ -- Verdagy , a renewable hydrogen electrolysis company with over a decade of technology and product development experience, announced today that Shell provided technical endorsement of Verdagy's eDynamic® electrolyzers.
- This major step qualifies Verdagy as a supplier in its upcoming green hydrogen projects.
- "Verdagy has developed and commercialized dynamic and cost-competitive electrolyzers for infrastructure-scale projects," said Andrew Beard, Vice President of Hydrogen, Shell.
- Verdagy uses the 20 MW electrolyzer as a building block for infrastructure-scale, (100 MW and larger) renewable hydrogen installations.
MOSS LANDING, Calif., March 28, 2024 /PRNewswire/ -- Verdagy, a renewable hydrogen electrolysis company with over a decade of technology and product development experience, announced today that Shell provided technical endorsement of Verdagy's eDynamic® electrolyzers. This major step qualifies Verdagy as a supplier in its upcoming green hydrogen projects. Verdagy worked with the Shell team to successfully complete a rigorous "HAZOP" (safety) review along with a detailed Design and Technology Development Review of Verdagy's electrolyzers, as necessary and important steps to commercial adoption within Shell.
Key Points:
- Shell to Endorse Verdagy Renewable Hydrogen Electrolyzers After Successful, Year-Long, Completion of Detailed Technology, Design and Safety Reviews
MOSS LANDING, Calif., March 28, 2024 /PRNewswire/ -- Verdagy , a renewable hydrogen electrolysis company with over a decade of technology and product development experience, announced today that Shell provided technical endorsement of Verdagy's eDynamic® electrolyzers.
- This major step qualifies Verdagy as a supplier in its upcoming green hydrogen projects.
- "Verdagy has developed and commercialized dynamic and cost-competitive electrolyzers for infrastructure-scale projects," said Andrew Beard, Vice President of Hydrogen, Shell.
- Verdagy uses the 20 MW electrolyzer as a building block for infrastructure-scale, (100 MW and larger) renewable hydrogen installations.
MOSS LANDING, Calif., March 14, 2024 /PRNewswire/ -- Verdagy, a green hydrogen electrolysis company with over a decade of technology and product development, has been awarded a $39.6M grant (pending negotiations) by the Department of Energy (DOE) to accelerate the high-volume manufacturing of Advanced Alkaline Water Electrolysis (AWE) eDynamic® electrolyzers in the company's Silicon Valley factory.
Key Points:
- "Verdagy's grant award from the DOE is an important step in accelerating the mass adoption of green hydrogen and in growing US manufacturing," said Verdagy CEO Marty Neese.
- "I'm proud of the entire Verdagy team's efforts to develop and commercialize the most efficient, cost-competitive, and scalable green hydrogen solutions to serve the broadest set of industries.
- Verdagy will commence shipments from the Newark, CA manufacturing facility in 2025 to enable infrastructure-scale green hydrogen deployments.
- The company is committed to achieving the Department of Energy's goal of $2/kg of levelized cost targets for green hydrogen by 2026.
MOSS LANDING, Calif., March 12, 2024 /PRNewswire/ -- Verdagy, a green hydrogen electrolysis company with over a decade of technology and product development, announced today the appointment of David Bow as Chief Commercial Officer (CCO). Bow will lead Verdagy's revenue, sales and business development.
Key Points:
- MOSS LANDING, Calif., March 12, 2024 /PRNewswire/ -- Verdagy , a green hydrogen electrolysis company with over a decade of technology and product development, announced today the appointment of David Bow as Chief Commercial Officer (CCO).
- "I'm delighted to welcome David Bow on board as Verdagy's Chief Commercial Officer."
- "I am excited to join Verdagy at a pivotal time as the company scales up commercial deployments and decarbonizes hard-to-abate industries," said Verdagy CCO David Bow.
- Bow joins the company as Verdagy is ramping up commercial deployments and accelerating the adoption of green hydrogen.
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Partnership MOSS LANDING, Calif., March 7, 2024 /PRNewswire/ -- Verdagy, a green hydrogen electrolysis company with over a decade of technology and product development, announced today that it has entered into a joint development and marketing agreement with Samsung Engineering, a world leading engineering solutions and project management company. Verdagy and Samsung Engineering will collaborate on infrastructure-scale projects for the production of green hydrogen to jointly provide green hydrogen project developers with preeminent engineering and project management solutions.
Key Points:
- The Ideal Partnership of Technology, Expertise and Cost to Accelerate Green Hydrogen Adoption and Decarbonize Hard-to-Abate Industries
MOSS LANDING, Calif., March 7, 2024 /PRNewswire/ -- Verdagy , a green hydrogen electrolysis company with over a decade of technology and product development, announced today that it has entered into a joint development and marketing agreement with Samsung Engineering, a world leading engineering solutions and project management company.
- Verdagy and Samsung Engineering will collaborate on infrastructure-scale projects for the production of green hydrogen to jointly provide green hydrogen project developers with preeminent engineering and project management solutions.
- "Verdagy is accelerating the adoption of green hydrogen by providing customers the most capital-efficient, reliable and scalable electrolyzer solutions.
- "Samsung Engineering is excited about this agreement, since Verdagy has commercialized high efficiency, reliable, cost-competitive electrolyzers," said Wonsik Cho, Vice President of Samsung Engineering.
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Tuesday, October 17, 2023
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Renewable energy MOSS LANDING, Calif., Oct. 17, 2023 /PRNewswire/ -- Verdagy, a pioneer in advanced water electrolysis electrolyzer technologies for large-scale industrial applications, today announced the appointment of Rahul Bammi as President. Rahul reports to CEO Marty Neese and will lead Verdagy's revenue, product management and go-to-market functions including sales, origination, business development, product marketing and corporate marketing.
Key Points:
- "Rahul is a terrific and exciting addition to the Verdagy leadership team as we continue to build the industry's leading green hydrogen company.
- His broad experience growing climate and deep tech companies, and introducing leading-edge products will be invaluable as Verdagy commercializes and scales the deployment of its eDynamic® 20-megawatt electrolyzers," said Marty Neese, Verdagy CEO.
- I'm thrilled to join Verdagy, and look forward to building an enduring company with Marty and the team that makes a meaningful and positive impact on climate change," said Rahul Bammi, Verdagy President.
- Bammi joins the company at a pivotal time, as Verdagy recently closed a $73-million Series B funding and announced its Silicon Valley factory .
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Tuesday, September 19, 2023
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Renewable energy MOSS LANDING, Calif., Sept. 19, 2023 /PRNewswire/ -- Verdagy, a pioneer in advanced water electrolysis electrolyzer technologies for large-scale industrial applications, today announced its new facility opening in Newark, California, with more than 100,000 sq. ft. of advanced manufacturing space.
Key Points:
- Verdagy's Silicon Valley factory will be the first to manufacture advanced water electrolyzers in large volumes in the United States.
- The commencement of operations at Verdagy's highly-automated manufacturing facility will start in Q1 2024.
- Verdagy expects to double the total number of its employees by next summer to support its expansion and the operation of this new, state-of-the-art facility.
- Verdagy's customers are in heavy industries such as chemicals, ammonia/fertilizer, steel, and e-fuels which all require large amounts of green hydrogen.
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Holcim Moss Landing, Calif., Aug. 22, 2023 /PRNewswire/ -- Verdagy, a pioneer in advanced alkaline water electrolysis electrolyzer technologies for large-scale industrial applications, today announced new appointments to its Board of Directors. Aliaxis' CEO Eric Olsen and Shell Ventures' Partner Vikas Gupta are joining the Verdagy board during a period of rapid growth, as the company deploys its innovative technology in response to the Department of Energy's goal of $2/kg of levelized cost of hydrogen by 2026.
Key Points:
- Aliaxis' CEO Eric Olsen and Shell Ventures' Partner Vikas Gupta are joining the Verdagy board during a period of rapid growth, as the company deploys its innovative technology in response to the Department of Energy's goal of $2/kg of levelized cost of hydrogen by 2026.
- "Both Eric and Vikas have deep knowledge in the global transition to clean energy, and their perspectives will be valuable as we commercialize and scale our technology."
- We have the chance to make a significant impact in the world," said Eric Olsen, Aliaxis CEO.
- I am honored to join Verdagy's board to accelerate their development, scale up their activities and decarbonize industries," said Vikas Gupta, Partner at Shell Ventures.
