Verdagy, a green H2 electrolysis company with over a decade of technology and product development experience, announced today a strategic agreement with Doral, a leading renewable energy developer, in which Verdagy will supply green H2 electrolysis systems to Doral through 2030. The agreement is global with a focus on green H2 projects Doral is developing in Europe, U.S., Australia and the Middle East.
"Doral has a proven track record of developing infrastructure-scale renewable energy projects for over 15 years and Verdagy is excited to work together with Doral to drive the transition to green H2," said Verdagy CEO Marty Neese.
"Verdagy has developed green H2 electrolyzers that seamlessly pair in real-time with renewable energy sources, have the highest efficiencies and are cost-effective. With Verdagy's electrolyzers already operating for several years, we are excited to now use these in our infrastructure scale, green H2 projects," said Doral H2 Managing Director Yam Efrati-Bekerman.
This partnership is imperative to accelerate the adoption of green H2; society has recognized green H2 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.