Hysata, Australia’s leading electrolyzer company, has 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 H2) in Saudi Arabia.
The agreement will accelerate the development of Hysata’s high efficiency electrolyzers and leverage ACWA Power’s significant expertise in large capital projects which includes its 2.2-GW NEOM green H2 project in Saudi Arabia. NEOM is the world’s largest utility scale H2 project, which is already over 60% complete and is expected to produce 600 tons of H2 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 electrolyzer systems in ACWA Power’s projects.
The deal was signed at ACWA Power’s Innovation Days in Riyadh on 5th February 2025, where Hysata Chief Commercial Officer Daniel Sandermann spoke on a panel on ‘Green H2 – Future Technologies and Production Innovations.’
Hysata CEO, Paul Barrett said, “Hysata is delighted to partner with ACWA Power, a pioneer in the region’s power generation, desalination and green H2 sector. We were especially attracted to their pipeline of large-scale green H2 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 H2 through its use as a chemical feedstock is critical for decarbonizing 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 H2 leader with low cost and abundant renewable capacity, ambitious H2 investments and attractive incentives for manufacturing.”
“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 H2.”