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.

Solar Dominates US Energy Capacity Growth
The Federal Energy Regulatory Commission (FERC) has published data showing that solar accounted for over 75% of US electrical generating







