Verdagy, a developer specializing in electrolysis projects, has partnered with the engineering, procurement, and construction firm Black & Veatch to advance a 60-MW hydrogen initiative on the Texas Gulf Coast. This project, with a production capacity exceeding 9,000 metric tons annually, is set to achieve front-end engineering and design completion by May, followed by a final investment decision in July. The President of Verdagy, Rahul Bammi, anticipates that this venture will inject over $150 million into Texas, amplify U.S. energy exports, create jobs, and pave the way for additional large-scale projects in the state. The project will incorporate Verdagy's eDynamic electrolyzers, which are proudly American-made. Hydrogen, a key player in decarbonization efforts, offers a clean energy solution devoid of carbon emissions when utilized. While its industrial production methods, like steam reforming and electrolysis, differ in carbon intensity, the focus is shifting towards green hydrogen production. To be deemed green, hydrogen must be generated using electrolyzers powered by renewable sources. Black & Veatch's involvement in various hydrogen initiatives, including the ACES project in Utah, underscores its commitment to sustainable energy projects. The ACES venture, supported by partners like Chevron, aims to harness renewable energy for hydrogen production, subsequently powering electricity generation in western U.S. markets such as Los Angeles.