Verdagy and Samsung Engineering have unveiled a joint development and marketing agreement, marking a milestone in the green hydrogen industry.
The primary objective of this alliance is to work together on infrastructure-scale projects aimed at producing green hydrogen. By combining their expertise, resources, and technologies, Verdagy and Samsung Engineering aspire to offer top-tier engineering and project management solutions to green hydrogen project developers worldwide.
The significance of this partnership extends beyond business collaboration, as it plays a crucial role in driving the widespread adoption of green hydrogen. Green hydrogen has emerged as a key solution in mitigating global energy-related carbon dioxide emissions, particularly in hard-to-decarbonize sectors like fertilizers, oil and gas, mining, transport, and steel production. By leveraging the combined strengths of Verdagy and Samsung Engineering, the partners aim to contribute significantly to achieving a 25% reduction in energy-related carbon emissions on a global scale.