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2024

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03

Green Hydrogen – Verdagy and Samsung Engineering Announce a Global Joint Development & Marketing Agreement

Author:

Hydrogencentral


 

Green Hydrogen – Verdagy and Samsung Engineering Announce a Global Joint Development & Marketing Agreement.

 

Verdagy, a green hydrogen electrolysis company with over a decade of technology and product development, announced today that it has entered into a joint development and marketing agreement with Samsung Engineering, a world leading engineering solutions and project management company. 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.

 

Marty Neese, Verdagy CEO, said:

 

Verdagy is accelerating the adoption of green hydrogen by providing customers the most capital-efficient, reliable and scalable electrolyzer 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,”

 

Wonsik Cho, Vice President of Samsung Engineering, said:

 

Samsung Engineering is excited about this agreement, since Verdagy has commercialized high efficiency, reliable, cost-competitive electrolyzers.

 

“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 recognized green hydrogen as the most attractive solution to reduce 25% of global energy-related carbon dioxide emissions by decarbonizing difficult-to-abate sectors such as fertilizers, oil and gas, mining, transport and steel.

 

Source:Hydrogencentral

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