H3 Dynamics will develop and supply fuel cell powertrain solutions, while Universal Hydrogen will provide green hydrogen fuel logistics using its modular capsule technology.
The study shows that Hysata’s ‘capillary-fed electrolysis cell’ can produce green hydrogen from water at a cell energy efficiency of 98 percent, far exceeding the International Renewable Energy Agency’s (IRENA) 2050 target and significantly better than existing electrolyzer technologies, resulting in a hydrogen production cost of less than A$2/kg (US$1.50/kg).
The funds will be used to conduct a feasibility study into the notion of storing hydrogen as a liquid carrier, a world first, as part of a partnership led by Corre Energy.
