Hysata has closed the largest Series B in Australian clean tech history, announcing a USD 111-million investment round with strong backing from existing strategic and financial investors. Hysata will use the funding to expand electrolyser production capacity at its manufacturing facility in Wollongong, New South Wales, and further develop its technology.

Plug Power has announced the signing of a memorandum of understanding (MoU) with Allied Green Ammonia (AGA), an Australian company focused on green ammonia production, to supply up to 3 GW of Plug electrolyzer capacity for AGA’s upcoming hydrogen-to-ammonia facility proposed for the Northern Territory of Australia.

Stargate Hydrogen has announced the successful completion of its seed funding round, raising €42 million. This substantial investment, comprising both equity and grant instruments, is designated for scaling up its patented electrolyser technology. The materials and Stargate’s development approach promise to reduce the cost of green hydrogen to €1 per kilogram.

Plug Power has secured the first international safety and performance certification in Korea for electrolyzer manufacturing, enabling the commercial sale of Plug electrolyzer systems in the Korean market. This achievement was completed through Plug’s collaboration with SK E&S in the form of SK Plug HyVerse, a joint venture aimed at advancing the hydrogen sector within the Asian market.

ITM Power has been appointed by Hygen Energy, a developer, producer, and asset owner of low-carbon hydrogen production facilities in the UK and Europe, as the preferred supplier of PEM electrolysers for hydrogen projects within the UK and across wider Europe.

Nel has partnered with Hy Stor Energy on the Mississippi Clean Hydrogen Hub (MCHH) and received a capacity reservation for more than one gigawatt of alkaline electrolysers. The MCHH project will be the largest zero-carbon, off-grid hydrogen production and salt cavern storage hub in the United States.

Plug Power has signed two additional contracts to deliver Basic Engineering and Design Packages (BEDP) for projects in Europe and the United States, with a combined capacity of up to 350 MW of electrolyzers. These agreements enhance Plug’s overall BEDP portfolio, bringing the company’s total amount of global BEDP contracts to 4.5 GW.

Green Hydrogen Systems and BWSC, an international engineering company and service provider, have signed a strategic collaboration agreement to expand their collaboration on green hydrogen projects. This agreement is a continuation of the collaboration between the two companies on the installation of the X-Series prototype at GreenLab in Skive, Denmark.

Ohmium International has formed a strategic partnership with Tata Projects, with the aim of bolstering green hydrogen projects in India, combining innovative technology with proven engineering excellence. Ohmium will provide PEM electrolyzers while Tata Projects will manage the entire EPC process, including engineering, design, integration, and optimization.