Hysata and ACWA Power sign game-changing deal to unlock green hydrogen in the Kingdom of Saudi Arabia and the Gulf with world-leading high efficiency electrolysers
Hysata, Australia’s leading electrolyser company, has today announced a new agreement with ACWA Power to deliver commercial scale demonstrations of its high-efficiency capillary-fed electrolysis technology (using only 41.5 kWh of electricity to produce one kilogram of hydrogen) in Saudi Arabia.
The agreement will accelerate the development of Hysata’s high efficiency electrolysers and leverage ACWA Power’s significant expertise in large capital projects which includes its 2.2-gigawatt NEOM green hydrogen project in Saudi Arabia. NEOM is the world’s largest, utility scale hydrogen project, which is already over 60% complete and is expected to produce 600 tonnes of hydrogen daily once fully operational in 2026.1
This agreement includes a commercial scale demonstration of Hysata’s technology in Saudi Arabia which is the first step in their commercial pathway towards deploying large-scale high-efficiency electrolyser systems in ACWA Power’s projects.
Business Opportunities for the Hydrogen Economy
