Hysata Partners with ACWA Power for Major Electrolyser Demonstrations in Saudi Arabia
Key Ideas
  • Hysata, an Australian electrolyser company, has signed a significant agreement with ACWA Power in Saudi Arabia for commercial demonstrations of its high-efficiency electrolysis technology.
  • The partnership aims to leverage ACWA Power's expertise in large projects, including the NEOM green hydrogen project, which is set to become the world's largest utility-scale hydrogen project upon completion in 2026.
  • Hysata's CEO highlighted the importance of green hydrogen in decarbonising heavy industry and creating new export markets, praising ACWA Power's vision and the Middle East's potential to lead in green hydrogen production.
  • The collaboration intends to deploy large-scale high-efficiency electrolyser systems in ACWA Power's projects, showcasing Hysata's industry-leading efficiency and manufacturing advantages for green hydrogen production.
Australian electrolyser company Hysata has entered a significant partnership with ACWA Power in Saudi Arabia to conduct commercial scale demonstrations of its high-efficiency capillary-fed electrolysis technology. The agreement marks a strategic move to accelerate the development of Hysata's electrolysers and benefit from ACWA Power's expertise in large capital projects, particularly the NEOM green hydrogen project. NEOM, expected to be the largest utility-scale hydrogen project globally, is well underway and will produce 600 tonnes of hydrogen daily by 2026. Hysata's collaboration with ACWA Power includes showcasing its technology in Saudi Arabia, marking a crucial step towards implementing high-efficiency electrolyser systems in ACWA Power's ventures. Hysata's CEO emphasized the significance of green hydrogen in decarbonizing industries and establishing new export markets for green products like iron and steel. The Middle East, with its abundant renewable capacity and proactive hydrogen investments, is positioned to become a leader in green hydrogen production. Hysata's efficient technology, simplified system design, and focus on high-volume manufacturing offer a competitive advantage, aligning with the strong business case for green hydrogen. The partnership underscores the commitment to advancing green hydrogen solutions and realizing sustainable energy practices in the region.
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