Verdagy Awarded $39.6 Million Grant from the Department of Energy

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For Use in the Company’s Gigawatt-Scale Advanced Silicon Valley Factory

MOSS LANDING, Calif., March 14, 2024 /PRNewswire/ — Verdagy, a green hydrogen electrolysis company with over a decade of technology and product development, has been awarded a $39.6M grant (pending negotiations) by the Department of Energy (DOE) to accelerate the high-volume manufacturing of Advanced Alkaline Water Electrolysis (AWE) eDynamic® electrolyzers in the company’s Silicon Valley factory.

Full story available on Benzinga.com