Verdagy and Petron Scientech Partner to Revolutionize Green Hydrogen Production
Key Ideas
- Verdagy and Petron Scientech have formed a strategic partnership to utilize Verdagy's eDynamic® electrolyzers to produce green hydrogen for various sustainable projects, resulting in a significant reduction in carbon emissions.
- Petron Scientech is focused on developing low carbon intensity biorefineries to reduce carbon emissions from fossil feedstock-based fuels and chemicals, with Verdagy's efficient electrolyzers playing a key role.
- Verdagy's mission is to provide green hydrogen at competitive costs without subsidies within five years, promoting mass adoption and significantly lowering carbon emissions through innovative technology and strategic collaborations.
- The collaboration between Verdagy and Petron includes multiple biorefinery projects to produce SAF, e-Methanol, and bio-chemicals, demonstrating a commitment to advancing sustainability in the biofuels and renewable energy sectors.
Verdagy, a leading green hydrogen electrolysis company, has partnered with Petron Scientech, bringing together their expertise to drive sustainable projects in the biofuels and renewable energy sectors. Petron will utilize 320 MW of Verdagy's eDynamic® electrolyzers to produce over 45 kilo tons per annum (KTA) of green hydrogen for their first biorefinery project, with a substantial CO2e reduction expected. The collaboration aims to reduce carbon emissions by integrating green hydrogen into biorefinery processes for the production of SAF, renewable diesel, and e-Methanol. Petron's CEO, Yogi Sarin, expressed enthusiasm about the partnership, emphasizing the importance of green hydrogen technology in achieving sustainability goals.
Verdagy's CEO, Marty Neese, highlighted the company's commitment to driving mass adoption of green hydrogen by providing cost-effective solutions that do not rely on subsidies. The partnership aligns with Verdagy's mission to lower carbon emissions significantly within a five-year timeline. The companies are working on several biorefinery projects to produce sustainable aviation fuel (SAF), e-Methanol, and bio-chemicals, demonstrating a joint effort to advance green technologies.
Verdagy's innovative electrolyzers are designed to maximize asset utilization, ensuring high efficiency and the lowest levelized cost of hydrogen (LCOH). The company's recently opened 1 GW electrolyzer factory in Silicon Valley signifies a milestone in scaling up green hydrogen production. Petron Scientech specializes in setting up biorefinery projects globally, focusing on low carbon intensity biofuels and bio-chemicals. The collaboration between Verdagy and Petron represents a significant step towards a more sustainable future by integrating green hydrogen into various industrial processes.