The purpose of the LOI is to evaluate the potential structure and process to develop and commercialize the electrochemical cell that will enable the Verdagy green hydrogen process.
Peter Lundström, CEO at Permascand commented: “We are excited to be part of this collaboration with Verdagy, offering our expertise for Verdagy’s hydrogen process commercialization and supplying the electrochemical market with high-end technology solutions that contributes to accelerating the global green transition”.
Verdagy is operating a pilot plant for a novel process to produce green hydrogen at its site in
About Verdagy
Verdagy is innovating water electrolysis technology for the large-scale production of green hydrogen. Verdagy’s industry leading solution has the potential to achieve both the lowest upfront capital costs and the lowest unit economics for production. The company’s technology will enable the decarbonization of large industrial sectors of the global economy and will make a very meaningful positive impact in the efforts to address climate change. Verdagy operates laboratory and pilot plant facilities in
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