Petron Scientech selects Verdagy to deploy 320 MW of green-hydrogen electrolyzers in its biorefinery
Green-hydrogen electrolysis company Verdagy announced Jan. 22 that it has entered into a strategic partnership with Petron Scientech, a company with over 35 years of experience in renewable sustainable chemical and biofuel process technologies.
Petron will use 320 megawatts (MW) of Verdagy’s eDynamic® electrolyzers to produce over 45,000 tons per year of green hydrogen for integration into its first biorefinery project for production of SAF, renewable diesel and eMethanol, resulting in a CO2e reduction of 500,000 tons per year or over 15 megatons by green hydrogen alone and combined with biorefinery resulting in reduction of 2 megatons per year or over 60 megatons of CO2e through the project lifetime.
“Petron is developing several sustainability focused, low carbon-intensity biorefineries reducing millions of tons of carbon emissions compared to fossil feedstock-based fuels, chemicals and plastics,” said Petron Scientech CEO Yogi Sarin.
“The company is engaged with leading airlines for offtake of SAF made using Petron’s ethanol and bioethylene technologies and with shipping companies for offtake of eMethanol produced using green hydrogen,” Sarin said.
“We were seeking a green-hydrogen and oxygen solution partner that integrates well with our biorefineries and renewable chemicals, has leading performance and the technology expertise to scale to multiple gigawatts in a capital-efficient manner,” Sarin added. “Verdagy fits the bill perfectly, and we are pleased and look forward to collaborating with the company on several projects globally.”
Verdagy CEO Marty Neese said, “We’re excited to collaborate with Petron to grow the SAF and biofuels markets. Verdagy’s mission is to provide green hydrogen at fossil-parity costs, without subsidies, within five years to drive mass adoption and to meaningfully lower carbon emissions. Our electrolyzers pair seamlessly in real-time with renewable intermittent energy sources, and our industry-leading efficiency and operating range maximize asset utilization, leading to the lowest levelized cost of hydrogen in the world today.”
The two companies are collaborating on several biorefinery projects to produce SAF, eMethanol and biochemicals and polymers.
Verdagy opened its 1-gigawatt electrolyzer factory in Silicon Valley in 2024 where the electrolyzers will be manufactured.
In addition to its Silicon Valley factory, Verdagy operates its hydrogen production plant and R&D facilities in Moss Landing, California, where it continues to advance its technologies.
Petron specializes in setting up cellulosic biomass and nonedible grain-processing biorefinery projects to produce ethanol, bioethylene, biochemicals such as ethylene oxide, mono ethylene glycol and methanol, polymers, and various biofuels with coproducts projects worldwide.