CEFC backs Aussie electrolyser maker Hysata with USD 10m
- Admin
- May 12, 2024
- 1 min read
Australia’s Clean Energy Finance Corporation (CEFC) has invested AUD 15 million in Hysata, a domestic electrolyser maker, to support an AUD-172-million project for expanding Hysata’s Port Kembla factory near Wollongong, New South Wales. Hysata aims to achieve GW-scale production with a new type of electrolyser claiming high energy efficiency and low costs. Recent fundraising rounds included USD 111.3 million led by bp Ventures and Templewater Group.
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