Australian electrolyser whizkid Hysata has inked a major agreement with ACWA Power to deliver commercial scale demonstrations of its high-efficiency capillary-fed electrolysis technology 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 2.2GW NEOM green hydrogen project in Saudi Arabia.
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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.
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.
Hysata CEO Paul Barrett said, “Hysata is delighted to partner with ACWA Power, a pioneer in the region’s power generation, desalination and green hydrogen sector. We were especially attracted to their pipeline of large-scale green hydrogen projects with strong offtakes, their deep expertise across the energy supply chain in the Middle East, and an impressive ability to execute large-scale projects at a rapid pace.
“Green hydrogen through its use as a chemical feedstock is critical for decarbonising heavy industry and for creating new export markets for products such as green iron, steel, and green ammonia. The Middle East offers all the ingredients to be a green hydrogen leader with low cost and abundant renewable capacity, ambitious hydrogen investments and attractive incentives for manufacturing.
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“The region’s rapid progress in the sector is also thanks to the strong vision from companies like ACWA Power.
“Compounding these advantages, Hysata’s industry-leading efficiency, simplified balance-of-system, and design for high-volume manufacturing creates an unmatched LCOH advantage for our customers, leading to a strong business case for green hydrogen.”
