Petron Scientech selects Verdagy’s electrolyzers for e-methanol production

U.S. technology company Petron Scientech has chosen compatriot renewable hydrogen electrolysis company Verdagy to provide electrolyzers for the production of e-methanol in its biorefinery.

Specifically, Petron will use 320 MW of Verdagy’s eDynamic electrolyzers to produce over 45 kilotons per annum (KTA) of green hydrogen for integration into its biorefinery project for the production of e-methanol, sustainable aviation fuel (SAF) and renewable diesel.

According to Verdagy, this will result in a CO2e reduction of 500 KTA or over 15 megatons by green hydrogen alone, and combined with biorefinery, in a reduction of two megatons/year or over 60 megatons of CO2e through the project lifetime.

Verdagy’s 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 (LCOH) in the world today.”

Petron Scientech’s CEO Yogi Sarin commented: ​​“Petron is developing several sustainability focused, low carbon intensity score, biorefineries reducing millions of tons of carbon emissions compared to fossil feed stock-based fuels, chemicals and plastics. The company is engaged with leading airlines for offtake of SAF made using Petron’s ethanol and bio-ethylene technologies and with shipping companies for offtake of e-Methanol, produced using green hydrogen.”

“We were seeking a green hydrogen and oxygen solution partner that integrates well with our biorefineries/renewable chemicals, has leading performance and the technology expertise to scale to multiple GWs in a capital efficient manner. Verdagy fits the bill perfectly, and we are pleased and look forward to collaborating with the company on several projects globally.” ​​

To note, electrolyzers will be manufactured in Verdagy’s newly opened gigawatt-scale electrolyzer factory in Newark, California. The factory, said to be the first Department of Energy (DOE)-supported electrolyzer facility to open in the U.S., features more than 100,000 square feet of manufacturing space with the capacity to produce several gigawatts of electrolyzers.