Hysata, an Australian startup, has raised significant funding to scale up its technology for producing H₂ from electricity. Their electrolyzer boasts an efficiency of 95%, achieved by utilizing capillary action to prevent bubble formation during water splitting.

This breakthrough could significantly reduce the cost of green H₂ production. With investments from major players like BP and Vestas, Hysata aims to commercialize its technology by 2025. While other companies claim similar efficiency breakthroughs, Hysata's rapid progress stands out in a growing market aiming to meet ambitious climate targets.

Source: Bloomberg

For the original story, visit: https://www.bnnbloomberg.ca/australian-startup-mimics-trees-to-make-cheaper-green-hydrogen-1.2070451