Hysata and POSCO partner to advance green hydrogen energy

Electrolyser maker Hysata has entered into a partnership with POSCO to accelerate the development of Hysata’s high-efficiency hydrogen electrolyser technology.

It builds on the strategic partnership established between the two earlier in the year.

Under the terms of the agreement, both companies will contribute technical knowledge and capability to jointly develop materials and systems for high-efficiency green hydrogen electrolysers.

“This is an important partnership that leverages Hysata’s electrolysis cell technology and POSCO’s extensive expertise in materials, system development, engineering and construction of innovative technologies,” Hysata CEO Paul Barrett said.

“Through this collaboration we aim to accelerate the development of Hysata’s technology. Our 41.5 kWh/kg H2 system efficiency will drive down the levelised cost of hydrogen and transform the economics of green hydrogen production.”

POSCO New Experience of Technology Hub, Head of Clean Hydrogen Research Centre, Dr. Juwoung Yoon, said it’s essential to support a successful transition to low-carbon production systems.

“This joint development effort is poised to accelerate global green hydrogen advancements, contributing to decarbonising hard-to-bate sectors, including steelmaking, he said.