Published by Todd Bush on January 22, 2025
MOSS LANDING, Calif., Jan. 22, 2025 /PRNewswire/ -- Verdagy, a leading green hydrogen electrolysis company, announced it has entered into a strategic partnership with Petron Scientech, a company with over thirty-five years of experience in renewable sustainable chemical process technologies. Petron will use over 320 MW of Verdagy's eDynamic® electrolyzers to produce green hydrogen for integration into its first Biorefinery project for production of SAF and e-Methanol.
>> In Other News: Tsubame BHB Selected as a "2025 Global Cleantech 100" Company
"Petron is developing several sustainability-focused, low carbon intensity score, biorefineries and is engaged with leading airlines for offtake of SAF made using Petron's Ethanol and bio-ethylene technologies and also engaged with shipping companies on offtake of e-Methanol, produced using green Hydrogen. We were seeking a green hydrogen solution partner that integrates well with our Biorefineries /renewable Chemicals, has leading performance, and the technology expertise to scale to multiple GWs in a capital-efficient manner. Verdagy fits the bill perfectly and we look forward to collaborating with the company on several projects globally," said Petron Scientech's CEO Yogi Sarin.
"We're excited to collaborate with Petron to grow the SAF and biofuels markets. Verdagy's mission is to provide green hydrogen at fossil parity costs, without subsidies, within five years, to drive mass adoption and to meaningfully lower carbon emissions. Our electrolyzers pair seamlessly in real-time with renewable intermittent energy sources, and our industry-leading efficiency and operating range maximize asset utilization, leading to the lowest levelized cost of hydrogen (LCOH) in the world today," said Verdagy's CEO Marty Neese.
The two companies are collaborating on several biorefinery projects to produce SAF, e-methanol, and bio-chemicals and polymers.
Verdagy manufactures Advanced AWE electrolyzers that provide the lowest LCOH and highest asset utilization by integrating seamlessly with renewable energy sources, enabling higher hydrogen production, and the smallest footprints through high current densities and market-leading efficiencies. In addition to its Silicon Valley factory, Verdagy operates its R&D and highly automated commercial pilot plants in Moss Landing, California, where it continues to advance its cutting-edge technologies.
Petron Scientech specializes in setting up cellulosic biomass and non-edible grain processing biorefinery projects to produce ethanol, bio-ethylene, bio-chemicals (ethylene oxide/mono ethylene glycol, methanol), polymers, and various biofuel with co-products projects worldwide. Petron, along with its affiliates and partners, brings technology experience in production and full execution of biorefinery projects. Petron commands 90% of the global bio-ethylene technology market, which is an exceptionally low Capex and Opex option compared to fossil feedstock-based ethylene and is a base material for SAF and the global chemicals and polymer industry.
SOURCE Verdagy
Follow the money flow of climate, technology, and energy investments to uncover new opportunities and jobs.
Inside This Issue 🛢️ Texas Emerges as Blue Ammonia Capital in $5B Investment Wave 🤝 Technip Energies and Shell Catalysts & Technologies Have Signed a Global Alliance Agreement for Carbon Captu...
Inside This Issue 💰 Industrial Giants Are Sitting on a $200 Billion Energy Goldmine 🗺️ New Reports Map BC’s Hydrogen Potential for Clean Energy Growth 🍁 Federal Government Spending Nearly $16M on ...
Inside This Issue 🛫 XCF Global Outlines Plan to Build Multiple SAF Production Facilities and Invest Nearly $1 Billion in Renewable Fuel Production Capacity by 2028 ⚓ Backgrounder: Government of Ca...
Technip Energies (PARIS:TE) and Shell Catalysts & Technologies have signed their global alliance agreement to work exclusively together to deliver a post-combustion amine-based carbon capture s...
National Carbon Capture Center Launches Novel UNOGAS MK3 Solvent Testing
A significant step forward in carbon capture is underway at the National Carbon Capture Center (NCCC), where KC8 Capture Technologies’ (KC8) advanced UNOGAS system – featuring the innovative UNO MK...
SYSADVANCE North America Secures 2 Additional Contracts for Landfill Gas Upgrading Systems
SYSADVANCE North America has been selected to supply landfill gas upgrading solutions for projects in Lincoln, Nebraska, and Waco, Texas. The METHAGEN LF 3000F and METHAGEN LF 1800F systems were se...
ST. CLOUD, Minn., July 17, 2025 (GLOBE NEWSWIRE) -- NFI Group Inc. (TSX: NFI, OTC: NFYEF, TSX: NFI.DB), a leader in propulsion-agnostic bus and coach mobility solutions, subsidiary New Flyer of Ame...
Follow the money flow of climate, technology, and energy investments to uncover new opportunities and jobs.