<aside> 💡 Hysata, founded in Australia in 2021, aims to fundamentally transform the economics of green hydrogen. Central to its operations is an electrolyser technology boasting an astonishing 95% system efficiency (41.5 kWh/kg). This groundbreaking technology is reported to already surpass the International Renewable Energy Agency's (IRENA) 2050 efficiency target, and its innovation has been featured in the top-tier journal, Nature Communications.
The significant foresight and strength this ultra-efficient technology offers lie in its ability to enable the lowest Levelised Cost of Hydrogen (LCOH), expected to save customers billions of dollars in costs. Hysata's solution is characterized as a "turn-key solution" that provides a significant improvement over existing designs. Its system is described as intrinsically simpler, cheaper, and modular. Furthermore, the balance of plant is drastically simplified, and it is designed for mass manufacturing.
Hysata's business and vision are focused on establishing green hydrogen as a critical component in the decarbonization of hard-to-abate industrial sectors through this innovative technology. The company is currently rapidly moving towards multi-gigawatt scale manufacturing and is actively forging strategic partnerships with major global entities such as ACWA Power, POSCO Holdings, and POSCO E&C.
Its market potential is further highlighted by the backing of leading global strategic and financial investors, the completion of a $111 million USD Series B investment round, and its welcoming of policy support from the Australian government, including "Hydrogen Headstart funding" and hydrogen production tax incentives, all suggesting significant future expansion. (AS)
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Hysata - Meet our Co-Founder and Chief Technology Officer Dr Gerry Swiegers
A high-performance capillary-fed electrolysis cell promises more cost-competitive renewable hydrogen