Industrial Hydrogen at Scale

Verdagy is driving down the cost and energy needed to generate hydrogen for industry. We engineer and manufacture innovative advanced AWE electrolyzers that scale to gigawatt production facilities.

Verdagy Water Electrolysis - advanced AWE using sophisticated membranes

Combining mature, cost-effective AWE with the advantages of single-element cells using membranes

Single cell architecture

• Current density up to 2.0 A/cm2

• 20:1 dynamic operating range

• Patented cell design: uniform. Effective & flexible

• Simple maintenance and “future-proofing”

20 Megawatt Electrolyzer

The next decarbonization frontier:
heavy industry

While renewable energy sources can replace fossil fuels in many sectors, heavy industry needs hydrogen to decarbonize. Verdagy’s technology is making industrial hydrogen production cost-effective.

Varied group of forward-looking investors

We are backed by an incredible group of financial investors, renewable energy developers and Fortune 100 corporations. Our investors/partners are leading companies in the petro-chemical, industrial chemicals, energy infrastructure and mining industries, all sharing an extraordinary desire to deeply decarbonize their businesses at very large scale.

Verdagy is rising to the challenge to accelerate the green hydrogen economy and decarbonize hard-to-abate sectors such as steel and ammonia production. The management team has a successful track record in scaling climate technologies from megawatts to gigawatts and they are committed to achieving the same at Verdagy.

Yara is taking the lead on driving the use of electrolyzers in the ammonia and fertilizer industry. We see a strong need for cost competitive, clean hydrogen to be able to decarbonize and drive the movement towards a more environmentally friendly industry. Electrolysers is a technology requiring a lot of innovation and product development. We are really impressed by how Verdagy is taking on this challenge and want to take part in this adventure. The world needs them.

We are more than doubling down in this round on Verdagy, we are witnessing how they have gone from a valuable technology to a defensible business.

Verdagy’s potential to demonstrate high-current density over a wide dynamic range across large-area cells led us to incubate and write the first check into the company in early 2020. Since then, the team has made significant progress in validating key performance and cost targets, getting them closer to building out a green hydrogen economy.

Verdagy is at an inflection point - going from proven technology to commercialization stage. We believe Verdagy can further compound Morocco's unique advantages, such as low cost solar and wind energy, captive demand and proximity to customers in Europe.