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Verdagy and Samsung Engineering announce global joint development and marketing agreement

Published by , Assistant Editor
Global Hydrogen Review,


Verdagy, a green hydrogen electrolysis company, has entered into a joint development and marketing agreement with Samsung Engineering. Verdagy and Samsung Engineering will collaborate on infrastructure-scale projects for the production of green hydrogen to jointly provide green hydrogen project developers with preeminent engineering and project management solutions.

"Verdagy is accelerating the adoption of green hydrogen by providing customers the most capital-efficient, reliable and scalable electrolyser solutions. Coupling Verdagy's products with Samsung's engineering expertise and track record of executing infrastructure scale projects is a win for green hydrogen developers," explained Verdagy CEO, Marty Neese.

"Samsung Engineering is excited about this agreement, since Verdagy has commercialised high efficiency, reliable, cost-competitive electrolysers," said Wonsik Cho, Vice President of Samsung Engineering. "Verdagy's flexible architecture is also well suited for a broad set of applications and geographies, making it an ideal solution for our projects across the globe."

The partnership is imperative to accelerate the adoption of green hydrogen; society has recognised green hydrogen as the most attractive solution to reduce 25% of global energy-related carbon dioxide emissions by decarbonising difficult-to-abate sectors such as fertilizers, oil and gas, mining, transport and steel.

Read the article online at: https://www.globalhydrogenreview.com/hydrogen/08032024/verdagy-and-samsung-engineering-announce-global-joint-development-and-marketing-agreement/

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