Verdagy awarded US$39.6 million grant from US DOE

Published by Poppy Clements, Assistant Editor
Global Hydrogen Review, Monday, 18 March 2024 10:00

Verdagy has been awarded a US$39.6 million grant (pending negotiations) by the US Department of Energy (DOE) to accelerate the high-volume manufacturing of Advanced Alkaline Water Electrolysis (AWE) eDynamic® electrolysers in the company's Silicon Valley factory (US).

Verdagy's gigawatt-scale Silicon Valley factory was announced in 2023 and will be the first to manufacture advanced alkaline water electrolysers in large volumes in the US. Verdagy will commence shipments from the Newark, California, manufacturing facility in 2025 to enable infrastructure-scale green hydrogen deployments.

Verdagy is ramping up commercial deployments and accelerating the adoption of green hydrogen. Verdagy's electrolysers provide the lowest levelised cost of hydrogen (LCOH) by combining high current densities, the widest dynamic range in the industry, and fast response to enable real-time matching with renewable power sources. The company is committed to achieving the DOE's goal of US$2/kg of levelised cost targets for green hydrogen by 2026.

Read the article online at: https://www.globalhydrogenreview.com/hydrogen/18032024/verdagy-awarded-us396-million-grant-from-us-doe/

Hyundai and Plus announce concept for autonomous hydrogen freight ecosystem

Tuesday 06 May 2025 11:00

Hyundai Motor Company and Plus have announced collaboration on autonomous hydrogen-powered fuel cell trucks to accelerate the development of a hydrogen-powered freight network in the US.

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