Hydrogen Funding

Countrywide locks in government backing to help drive Hydrogen HyWay – pv magazine Australia

Countrywide Hydrogen’s ambition to be the first major green hydrogen producer in Tasmania has received a boost with the state government announcing an $8 million funding package that would support the delivery of its ‘Hydrogen HyWay’ project. May 14, 2024 David CarrollAspiring green hydrogen manufacturer Countrywide Hydrogen, which is planning to create an ‘end-to-end hydrogen transport...

Green hydrogen producer Countrywide secures $8 million funding deal with Tasmanian Government

Tasmania is set to potentially become the first state in Australia to establish a hydrogen-based transport network, thanks to a new multi-million dollar state government funding package. The Liberal’s have given Countrywide Hydrogen, a subsidiary of ReNu Energy, $8 million to help them become a green hydrogen producer. Countrywide plans to build production and heavy-vehicle refuelling facilities...

Electric Hydrogen obtains $100 million to support its 100 MW electrolyzer plants

U.S. electrolyzer manufacturer Electric Hydrogen has announced $100 million in corporate credit financing to back the manufacturing and deployment of its 100 MW electrolyzer plants. Courtesy of Electric Hydrogen The funding was led by HSBC, with participation from J.P. Morgan, Stifel Bank and Hercules Capital. Derek Warnick, Chief Financial Officer of Electric Hydrogen, commented: “This...

Australian green hydrogen electrolyser manufacturer, Hysata raises $111m USD led by bp Ventures and Templewater

Australian green hydrogen electrolyser manufacturer, Hysata raises $111m USD led by bp Ventures and Templewater. Australia-based company Hysata is developing new high-efficiency electrolysers that aim to produce green hydrogen at scale with higher energy efficiency and lower costs than alternative technologies. The company’s technology combines engineering and science in a...

Electrolyzer – Hysata announces $111m USD Series B investment round

Electrolyzer – Hysata announces $111m USD Series B investment round. Hysata has closed the largest Series B in Australian clean tech history, announcing an $111m USD investment round with strong backing from existing major strategic and financial global investors. This is a significant milestone that demonstrates global recognition for Hysata’s game changing high efficiency...

Shinhan, POSCO invest $20 mn in Australian hydrogen startup Hysata

Australian green hydrogen technology startup Hysata's electrolyzer plant in Wollongong, New South Wales (Courtesy of Hysata, Shinhan) South Korean steel giant POSCO Holdings Inc. and banking conglomerate Shinhan Financial Group have invested a combined US$20 million in Australian green hydrogen technology startup Hysata.Shinhan Securities Co. said on Friday the two Korean companies participated in...

Versorgen to see federal funds for hydrogen research

Versogen has been named one of a select few Delaware recipients for U.S. Department of Energy funding to continue the research and manufacturing of clean hydrogen. | PHOTO COURTESY OF VERSOGEN NEWARK — Versogen, a startup firm that is making strides in the production of clean hydrogen, is slated to receive a portion of $4.7 million as part of a regional effort to tap into a carbon-free fuel...

Green Hydrogen Startup Hysata Raises $111 Million

Green hydrogen startup Hysata announced today that it has raised $111 million in a Series B funding round, with proceeds from the financing aimed at advancing its electrolyzer technology and expanding production. Hydrogen is viewed as one of the key building blocks of the transition to a cleaner energy future, particularly for sectors with difficult to abate emissions, in which...

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