Verdagy, a pioneer in green hydrogen electrolysis technology, has announced a pivotal strategic agreement with Doral, a renowned renewable energy developer. Under this agreement, Verdagy is set to supply its cutting-edge green hydrogen electrolysis systems to support Doral’s global projects through 2030, with a concentrated focus on developments in Europe, the United States, Australia, and the Middle East.
Verdagy’s CEO, Marty Neese, expressed excitement about partnering with Doral, a company celebrated for its 15-year history of creating large-scale renewable energy projects, to further the shift towards green hydrogen. Doral Hydrogen’s Managing Director, Yam Efrati-Bekerman, highlighted Verdagy’s achievements in developing high-efficiency, cost-effective green hydrogen electrolyzers that integrate seamlessly with renewable energy sources. These electrolyzers have been operational for years, proving their efficacy and reliability in large-scale projects.
This collaboration marks a significant step in promoting green hydrogen as a solution to decarbonize sectors that are traditionally hard to abate, such as transport, steel, mining, and the production of fertilizers and oil and gas. Green hydrogen holds the potential to reduce up to 25 percent of global energy-related carbon dioxide emissions, making this partnership crucial for global sustainability efforts.
About Verdagy:
Verdagy is at the forefront of commercializing advanced electrolysis technology for renewable hydrogen production on a large scale. The company’s innovative approach minimizes both capital and operational costs, achieving the lowest levelized cost of hydrogen in the industry. With a manufacturing base in Silicon Valley and R&D facilities in Moss Landing, California, Verdagy is driving the future of green hydrogen production.
About Doral:
Since 2007, Doral Energy has been a key player in renewable energy and environmental infrastructure, specializing in solar PV projects across the USA, Europe, and Israel. With a robust 16 GW pipeline of development projects and significant battery storage capacity, Doral is committed to the long-term development and operation of renewable energy facilities. Its hydrogen subsidiary, Doral Hydrogen, focuses on developing green hydrogen and ammonia projects globally, with notable projects underway and plans for Israel’s first green hydrogen valley and green ammonia project.
