Cooperative Agreement DEEE0011304

Award Date 10/1/24
Completion Date 9/30/25
Dollars Obligated $93M
Federal Grant Program
81.087
Assistance Type
Cooperative Agreement
Place of Performance
Newark, CA 94560, USA
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This Cooperative Agreement award, valued at $93,449,318.00, was granted by the U.S. Department of Energy's (DOE) Office of Energy Efficiency and Renewable Energy (EERE) under the Renewable Energy Research and Development program (CFDA 81.087). The primary objectives of the project are to:

  1. Reduce the manufactured stack costs of electrolyzers to $91/kW through improved manufacturing automation, product design, and integration of a domestic nickel supply.

  2. Develop an advanced cell design to further reduce manufactured stack costs to $50/kW through optimized assembly and integration of novel nickel alloy.

  3. Establish workforce development programs and community engagement initiatives to advance diversity, equity, inclusion, and accessibility (DEIA), and conduct environmental impact assessments to reduce the overall burden.

The award recipient is Verdagy Inc., a for-profit manufacturer based in Moss Landing, California. The project period runs from October 1, 2024 to September 30, 2025.

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