Verdagy, Samsung Engineering announce global joint development & marketing agreement

Verdagy announced today that it has entered into a joint development and marketing agreement with Samsung Engineering. The two companies will collaborate on green hydrogen production projects to jointly provide project developers with engineering and project management solutions.

Marty Neese, CEO of Verdagy, commented: “Verdagy is accelerating the adoption of green hydrogen by providing customers the most capital-efficient, reliable and scalable electrolyzer solutions. Coupling Verdagy’s products with Samsung’s engineering expertise and track record of executing infrastructure scale projects is a win for green hydrogen developers.”

Wonsik Cho, Vice President of Samsung Engineering, said: “Samsung Engineering is excited about this agreement, since Verdagy has commercialized high efficiency, reliable, cost-competitive electrolyzers. Verdagy’s flexible architecture is also well suited for a broad set of applications and geographies, making it an ideal solution for our projects across the globe.”

HTW Editorial Team

HTW Editorial Team

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