Verdagy's Silicon Valley factory. (Source: PR Newswire)
Verdagy was awarded a $39.6 million grant by the Department of Energy (DOE) to accelerate the high-volume manufacturing of alkaline water electrolysis e-dynamic electrolyzers, the green hydrogen electrolysis company announced March 14.
Verdagy's electrolyzers combine high current densities and fast responses to enable real time matching with renewable power sources to provide the lowest levelized cost of hydrogen. The company is committed to achieving the DOE's goal of $2/kg of levelized cost targets for green hydrogen by 2026.
Verdagy's gigawatt-scale Silicon Valley factory was announced in 2023 and will be the first to manufacture advanced alkaline water electrolyzers in large volumes in the U.S. The electrolyzers will be shipped from Verdagy’s Newark, California, manufacturing facility in 2025 to enable infrastructure-scale green hydrogen deployments.
Recommended Reading
Matador May Tap Its Haynesville ‘Gas Bank’ if Prices Stabilize
2024-10-24 - The operator holds 8,900 net Haynesville Shale acres and 14,800 net Cotton Valley acres in northwestern Louisiana, all HBP, that it would drill if gas prices stabilize—or divest for the right price.
SM, Crescent Testing New Benches in Oily, Stacked Uinta Basin
2024-11-05 - The operators are landing laterals in zones in the estimated 17 stacked benches in addition to the traditional Uteland Butte.
TotalEnergies Awards SBM Offshore FPSO GranMorgu Development Contract
2024-11-15 - SBM will construct and install a floating production, storage and offloading vessel for TotalEnergies alongside its partner Technip Energies, the company said.
E&P Highlights: Oct. 14, 2024
2024-10-14 - Here’s a roundup of the latest E&P headlines, including another delay at one of the largest gas fields in the world and two major contracts in West Africa.
Norway's Massive Johan Sverdrup Oilfield Shut by Power Outage
2024-11-18 - Norway's Equinor has halted output from its Johan Sverdrup oilfield, western Europe's largest, due to an onshore power outage, the company said on Nov. 18.
Comments
Add new comment
This conversation is moderated according to Hart Energy community rules. Please read the rules before joining the discussion. If you’re experiencing any technical problems, please contact our customer care team.