Hysata secures $49m to build Port Kembla electrolyser factory
Hysata gets up to $49m funding for Port Kembla electrolyser factory.
Hysata makes green hydrogen equipment. The company got up to $49 million from the Future Made in Australian Innovation Fund.
Hysata will build a factory at Port Kembla on the NSW south coast. The factory will first make electrolysers.
These can produce 50 megawatts a year using Hysata's high-efficiency technology. The factory is built to grow to 200 megawatts each year.
This greatly helps Australia's manufacturing ability. Green hydrogen electrolysers turn electricity into hydrogen gas.
It is used for industry, vehicles and power. It cuts emissions.
- up to 49 million dollars
- Funding amount
- 50 megawatts per year
- Initial production
- 200 megawatts per year
- Scaling capacity
- Port Kembla, NSW south coast
- Location
Why it mattersAustralia must grow green hydrogen making to compete around the world. It must meet climate targets.
AustraliaNSW gains manufacturing jobs and investment; Australia boosts local production of critical green hydrogen equipment.
✓ Claims checked against the source and corrected before publish. checked 6 d ago
