Hysata, an Australian company, claims to have developed the world’s most efficient electrolyzer, boasting an impressive 95% efficiency.
Browsing: Hysata
Hysata, a player in the hydrogen sector, has recently secured a significant $111 million in Series B fundraising. Led by bp Ventures and Templewater, the investment is earmarked for expanding production capacity and advancing technology development.
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Australia is doubling down on its commitment to sustainable energy as the federal government allocates a significant A$23 million investment towards renewable hydrogen initiatives. One of the prime recipients of this funding is Wollongong-based startup Hysata, which is set to revolutionize the hydrogen electrolysis landscape.
Hysata, a pioneering hydrogen technology company hailing from New South Wales, is set to deploy a groundbreaking 5 MW electrolyser adjacent to the Stanwell Power Station in Queensland. This bold move comes as part of a groundbreaking commercial-scale demonstration of the company’s next-generation capillary-fed electrolyser cell technology.
Australian Research Council has awarded $1.2 million to the University of Wollongong on the south coast of New South Wales…
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).
Hysata, a new company formed to commercialize cutting-edge electrolyser production technology, has raised $5 million to advance its development. The round was sponsored by global technology investor IP Group and the CEFC.
