Verdagy Partners with Petron Scientech for Green Hydrogen Production Expansion
Key Ideas
- Verdagy has agreed to supply over 320MW of alkaline electrolysers to produce green hydrogen for sustainable aviation fuel and e-methanol biorefinery.
- The partnership with Petron Scientech aims to scale production capacities to multiple gigawatts, focusing on sustainability and low carbon intensity.
- Verdagy aims to provide green hydrogen at fossil parity costs within five years, driving mass adoption and reducing carbon emissions with their efficient electrolyser technology.
- Verdagy's Silicon Valley electrolyser manufacturing facility is set to begin production in Q1 2025, aligning with their goal of becoming a key player in the green hydrogen market.
Verdagy, a green hydrogen solutions provider, has entered a strategic partnership with Petron Scientech to expand its production of green hydrogen for sustainable aviation fuel (SAF) and e-methanol biorefinery. Verdagy will supply over 320MW of eDynamic alkaline electrolysers to support Petron's sustainability-focused biorefineries. Petron Scientech, with over 35 years of experience in renewable sustainable chemical processes, aims to scale production capacities to multiple gigawatts. The partnership aligns with Petron's goal of engaging leading airlines and shipping companies for the offtake of SAF and e-methanol produced using green hydrogen. Verdagy's CEO Marty Neese expressed the company's vision of providing green hydrogen at fossil parity costs within five years to drive mass adoption and lower carbon emissions. The company's recently opened electrolyser manufacturing facility in Silicon Valley, California, is poised to begin production in Q1 2025. Verdagy's technology is designed to seamlessly integrate with renewable energy sources, maximizing asset utilization and lowering the levelised cost of hydrogen. The partnership between Verdagy and Petron represents a significant step towards advancing green hydrogen production and promoting sustainable fuel solutions in the aviation and shipping industries.
Topics
Aviation
Renewable Energy
Technology
Innovation
Aviation Industry
Manufacturing
Partnership
Sustainable Fuel
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