Hysata and ACWA Power Collaborate to Drive Green Hydrogen Revolution in Saudi Arabia
Key Ideas
  • Hysata, an Australian green hydrogen technology company, secured an agreement with ACWA Power in Saudi Arabia to develop commercial-scale electrolyser systems, marking a significant advancement in green hydrogen initiatives in the region.
  • The partnership aims to support Saudi Arabia's Vision 2030 goals by diversifying the economy through green hydrogen projects and creating new export markets for products like green iron, steel, and ammonia.
  • Hysata's high-efficiency capillary-fed electrolysis technology, which requires only 41.5 kWh of electricity to produce one kilogram of hydrogen, is seen as a game-changer in the green hydrogen sector due to its energy efficiency and low cost compared to alternative technologies.
  • With strong financial backing from investors like BP Ventures and plans to expand manufacturing capabilities, Hysata is poised to lead the way in redefining the economics of green hydrogen production on a large scale.
Australian green hydrogen technology company, Hysata, has entered into a partnership with Saudi Arabia-based ACWA Power to develop commercial-scale electrolyser systems in the oil-rich kingdom. Hysata, known as Australia's top green hydrogen electrolyser manufacturer, is supported by major investors like BP Ventures and recently raised $172 million, the largest clean tech Series B in Australia's history. Their patented high efficiency capillary-fed electrolysis technology, which consumes only 41.5 kWh of electricity per kilogram of hydrogen, is crucial for Saudi Arabia's green hydrogen ambitions. ACWA Power, a key player in the region's power generation and green hydrogen sector, is driving progress towards green hydrogen goals in the Gulf region. The collaboration aligns with Saudi Arabia's Vision 2030 objectives to boost economic diversification through green hydrogen projects. Hysata's technology offers a competitive edge by delivering energy-efficient green hydrogen at a lower cost than existing methods. With plans to expand manufacturing and reach gigawatt scale production, Hysata aims to be a leader in the green hydrogen revolution. The company's joint development agreement with South Korean steel manufacturer POSCO Holdings further signifies its commitment to advancing high-efficiency electrolysers and scaling up operations.
ADVANCEH2

Our vision is to be the world's leading online platform for advancing the use of hydrogen as a critical piece needed to deliver net-zero initiatives and the promise of a clean H2 energy future.

© 2025 AdvanceH2, LLC. All rights reserved.