Hysata nominated as HyGATE grant funding recipient

Hysata scientists in Wollongong sq

Hysata has been selected as one of the successful grant recipients for the German-Australian Hydrogen Innovation and Technology Incubator (HyGATE) initiative.

HyGATE is a jointly funded initiative to help bring down the cost of hydrogen technologies. Australia and Germany are contributing $50 million and €50 million respectively and it is one of 3 initiatives under the Australia-Germany Hydrogen Accord.

Hysata has been awarded $8.98 million by the Australian Renewable Energy Agency (ARENA) and €5.9 million by Germany’s Federal Ministry of Education and Research (BMBF).

“We are proud to have the backing of the Australian and German Governments as we rapidly scale-up our high efficiency electrolyser,” said Paul Barrett, CEO of Hysata.

“Hysata’s capillary fed electrolyser operates at 95% system efficiency (41.5 kWh/kg), delivering a giant leap in performance and cost over incumbent technologies, which typically operate at 75% or less. This high efficiency, coupled with a simple approach to mass manufacturing and low supply chain risk is truly disruptive and will slash the cost of green hydrogen.

“Australia has a once-in-a-generation opportunity to be a global leader in green hydrogen and we are delighted to see the Government backing Australian innovators. Our technology will enhance sovereign manufacturing capabilities, create high skilled jobs and position Australia as a green hydrogen powerhouse by providing electrolysers for domestic projects and exports.

“Hysata’s electrolyser will help to decarbonise the hardest-to-abate sectors such as steelmaking, chemical production, and heavy transport.

“This funding will support our ability to tap into German engineering expertise to help us design our factory of the future.

“We look forward to working closely with the Australian and German Governments and announcing more information about Hysata’s pilot projects in the coming weeks,” Barrett concluded.

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