Hysata Partners with POSCO to Advance Green Hydrogen Technology
Key Ideas
- Hysata, an Australian electrolyzer manufacturer, has signed Joint Development Agreements with POSCO Holdings and POSCO Eco & Challenge.
- The collaboration aims to accelerate the development and commercialization of high-efficiency electrolyzer technology for green hydrogen production.
- Both parties believe that this partnership will reduce the cost of green hydrogen, transform its production economics, and advance global green hydrogen initiatives.
- The POSCO Clean Hydrogen Research Center sees this cooperation as pivotal in promoting the transition to a low-carbon production system.
Hysata, an Australian company specializing in electrolyzer technology for green hydrogen production, has entered into two Joint Development Agreements with POSCO Holdings and POSCO Eco & Challenge. The goal of these agreements is to deepen strategic cooperation and jointly accelerate the development and commercialization of high-efficiency electrolyzer technology for green hydrogen. The CEO of Hysata expressed optimism about the collaboration, highlighting that by leveraging the expertise of both parties, they aim to reduce the cost of green hydrogen and revolutionize the economics of its production. Additionally, the collaboration is expected to contribute significantly to the global advancement of green hydrogen production and aid in the transition towards a low-carbon production system. The person in charge of the POSCO Clean Hydrogen Research Center also emphasized the importance of this partnership in advancing global green hydrogen initiatives and underlined its role in facilitating the shift towards a more sustainable and environmentally friendly production landscape.