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Verdagy Secures $39.6 Million DOE Grant to Boost Green Hydrogen Production with eDynamic Electrolyzers in Silicon Valley.

Verdagy has received a $39.6 million grant from the Department of Energy (DOE) to help revolutionize green hydrogen production. The grant will accelerate high-volume manufacturing of eDynamic electrolyzers in Verdagy’s Silicon factory in Silicon Valley. The company’s primary product is eDynamic, a technology that enables Advanced Alkaline Water Electrolysis (AWE). This technology and the DOE grant are set to accelerate manufacturing of these electrolyzers. Verdagy aims to reach the DOE’s goal of $2/kg levelized cost targets for green hydrogen by 2026.

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