Hysata and POSCO Group Collaborate to Advance Green Hydrogen Technology
Key Ideas
- Hysata, an Australian company, partners with POSCO Holdings and POSCO Eco & Challenge to advance high-efficiency electrolyser technology for green hydrogen production.
- The joint development agreements aim to leverage technical knowledge and expertise to accelerate the commercialization of Hysata's next-generation electrolyser technology.
- The collaboration between Hysata and POSCO Group is expected to drive down the cost of hydrogen production and transform the economics of the green hydrogen industry.
- Hysata CEO Dr. Paul Barrett highlights the significance of the partnership with POSCO Group in advancing breakthrough technologies for decarbonisation and supporting innovative solutions.
Hysata, an Australian manufacturer specializing in high-efficiency electrolysis for green hydrogen production, has forged two joint development agreements with POSCO Holdings and POSCO Eco & Challenge. These agreements are aimed at advancing the development and deployment of Hysata's next-generation electrolyser technology. The collaborations with POSCO Holdings and POSCO Eco & Challenge will involve the joint contribution of technical knowledge and expertise to develop materials and systems for high-efficiency electrolysers. Additionally, the partnerships will focus on utilizing each other's capabilities to accelerate the commercialization of Hysata's electrolyser technology. CEO Dr. Paul Barrett expressed excitement about strengthening the partnership with POSCO Group, a global leader in steelmaking and materials innovation committed to decarbonisation and breakthrough technologies. Through this collaboration, the goal is to expedite the development of Hysata's next-generation electrolyser technology to drive down the cost of hydrogen production and revolutionize the economics of green hydrogen. The partnership signifies a strategic move towards enhancing green industry practices and promoting sustainable solutions in the hydrogen sector.
Topics
Green Hydrogen
Technology
Innovation
Decarbonisation
Materials
Partnership
Electrolysis
Collaboration
Green Industry
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