Hysata opens electrolyser facility, gets ARENA grant for 5-MW demo
Image by Hysata (hysata.com)
Australian electrolyser start-up Hysata on Monday opened its new headquarters and manufacturing facility in Port Kembla, New South Wales as the Australian Renewable Energy Agency (ARENA) announced a AUD-20.9-million (USD 13.6m/EUR 12.4m) grant for the company.
ARENA’s funding will back commercial demonstration of a 5-MW electrolyser unit next to the Stanwell Power Station near Rockhampton in Queensland. Queensland government-owned power company Stanwell is providing an additional AUD 3 million for the demonstration project.
“With exceptional 95% (41.5 kWh/kg H2) efficiency combined with cost-effective materials and minimised Engineering, Procurement and Construction (EPC) costs, Hysata’s electrolyser will deliver the lowest Levelised Cost of Hydrogen (LCOH) for green hydrogen producers,” according to Hysata chief executive Paul Barrett.
“Our plan encompasses the construction of a 100 MW per annum production line, with commercial-scale units scheduled for delivery in 2025, including the 5 MW electrolyser unit for Stanwell’s project,” the CEO said. The company will then aim to ramp up quickly to giga scale capacity.
The facility was opened by Minister for Climate Change and Energy Chris Bowen.
“We’re delighted to support game-changing, homegrown innovation that will power our future as a clean energy manufacturer and a renewable energy superpower,” he said.
Hysata has previously been awarded funding under the German-Australian HyGATE programme. These grants support the development of a 200-kW electrolyser system that will showcase key components of the 5-MW commercial-scale pilot unit.