Verdagy and Petron Scientech Partner to Produce Green Hydrogen for Sustainable Biorefinery Projects
Key Ideas
- Verdagy and Petron Scientech have entered a strategic partnership to utilize Verdagy's electrolyzers for green hydrogen production in biorefineries.
- Petron Scientech plans to integrate green hydrogen into its Biorefinery projects for the production of SAF and e-Methanol, engaging with airlines and shipping companies for offtake.
- The collaboration aims to drive mass adoption of green hydrogen by providing it at fossil parity costs within five years, without subsidies, to reduce carbon emissions significantly.
- Verdagy's Advanced AWE electrolyzers offer high asset utilization and efficiency, enabling seamless integration with renewable energy sources and leading to the lowest levelized cost of hydrogen globally.
Verdagy, a prominent green hydrogen electrolysis company, has partnered with Petron Scientech, a company specializing in renewable sustainable chemical process technologies, to produce green hydrogen for integration into Petron's Biorefinery projects. Petron will utilize over 320 MW of Verdagy's eDynamic® electrolyzers to produce green hydrogen for the production of Sustainable Aviation Fuel (SAF) and e-Methanol. Petron's CEO, Yogi Sarin, expressed excitement about the collaboration, highlighting Verdagy's technology expertise and efficiency. The partnership aims to drive sustainability by offering green hydrogen at fossil parity costs within five years. Both companies are working on multiple biorefinery projects focusing on SAF, e-methanol, and bio-chemicals.
The collaboration between Verdagy and Petron Scientech emphasizes the importance of integrating green hydrogen into sustainable projects to reduce carbon emissions. Verdagy's CEO Marty Neese underlines the mission to drive mass adoption of green hydrogen by providing it at competitive costs and maximizing asset utilization. The companies' joint efforts target the production of biofuels, bio-chemicals, and polymers, aligning with the global shift towards sustainable and renewable energy sources.
Verdagy's Advanced AWE electrolyzers are designed to offer high asset utilization and efficiency, seamlessly integrating with renewable energy sources. The electrolyzers aim to provide the lowest levelized cost of hydrogen globally, making green hydrogen production economically viable. The collaboration between Verdagy and Petron Scientech signifies a significant step towards a more sustainable future, where green hydrogen plays a crucial role in reducing carbon emissions in various industries.
Topics
Green Hydrogen
Aviation
Renewable Energy
Technology
Sustainability
Partnership
Biofuels
Shipping
Biorefineries
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