- Moss Landing, CA. startup Verdagy brings scalability and technological innovation to the green hydrogen-electrolysis market, which is expected to break $53 billion by 2030
- Verdagy combines their scalability with unprecedented capital cost savings and the lowest per-unit hydrogen economics to unlock applications in green industrial chemicals (fertilizers, petrochemicals, hydrogenation, etc.), green steel, and long-term energy storage
- TDK Ventures invests in Verdagy to accelerate their mutual vision for energy and environmental transformation through high throughput, low-cost deep decarbonization
TDK Corporation (TSE: 6762) announced today that subsidiary TDK Ventures Inc. has invested in green hydrogen company Verdagy to enhance the development and rapid commercialization of their scalable, low-cost approach to hydrogen electrolysis. Having recently completed their spin-off from green chemical company Chemetry, Verdagy is focused on the large-scale production of green hydrogen required for deep-decarbonization of a wide range of industries. This investment marks a continued focus on clean and green technology by TDK Ventures. Along with financial backing, TDK Ventures is also excited to provide network and industry exposure, expertise in the energy sector, and rapid commercialization to expedite bringing Verdagy’s technology to market.