Hysata Expands Green Hydrogen Production in Saudi Arabia
Key Ideas
- Hysata CEO emphasizes the importance of due diligence in partnering and adherence to company codes of practice.
- Hysata secures a new deal to produce green hydrogen in Saudi Arabia, following Australia's promotion of hydrogen technology.
- The expansion signifies a positive step towards the growth of green hydrogen production globally.
- The company's strategic move aligns with the increasing focus on renewable energy sources in the industry.
Hysata, based in Port Kembla, has made headlines with its new venture into green hydrogen production in Saudi Arabia. CEO Paul Barret highlighted the company's rigorous due diligence process when selecting partners and monitoring compliance with their codes of practice. The announcement comes at a time when Australia is actively promoting hydrogen technology through new legislation. This expansion signifies a significant step towards advancing the production of green hydrogen on a global scale. Hysata's move aligns well with the industry's increasing emphasis on renewable energy sources and sustainability. The partnership in Saudi Arabia demonstrates the company's commitment to growth and innovation in the field of clean energy.