Verdagy Taps Rahul Bammi as CEO to Accelerate Green Hydrogen Commercialization

Verdagy, a U.S.-based company focused on green hydrogen technology, is gearing up for its next big chapter — and it’s got a new person at the wheel. Rahul Bammi, who’s been with the company as President, has now stepped into the CEO role. He’s taking over from Marty Neese, who spent the last four years helping transform Verdagy from a small spin-out into a serious player in the hydrogen space. Under Neese’s leadership, the company drew big-name backing from the likes of Shell and the U.S. Department of Energy.

Verdagy hits the gas on commercial expansion

The leadership change comes at a major turning point for Verdagy, as the company ramps up deployment of its unique Dynamic Alkaline Water Electrolysis (AWE) systems. These are specially engineered to handle the ups and downs of renewables like wind and solar, and the goal is bold: bringing the cost of hydrogen production down to less than $2 per kilogram by 2028.

From California innovation to Texas scale

Headquartered in Moss Landing, California, Verdagy recently opened a new manufacturing gigafactory in Silicon Valley to help meet growing demand. That’s not all—the company also scored a massive $1.66 billion loan guarantee from the DOE to build a hydrogen plant in Texas. It’s a clear signal that Verdagy is going full speed ahead, moving beyond research and development and into full-scale commercial rollout.

Leadership built for the next phase

With an eye on scaling up and delivering real-world impact, Bammi’s transition to CEO is well-timed. His experience and leadership come just as Verdagy is taking big steps toward decarbonizing heavy industry and driving a more sustainable energy future with electrolysis-powered hydrogen production.