Australian start-up wins investor backing for tech to boost electrolyser efficiency, lower green hydrogen costs

Published 05:50 on August 2, 2022  /  Last updated at 05:50 on August 2, 2022  /  Asia Pacific, Australia, Other APAC  /  No Comments

An Australian technology start-up firm has raised A$42.5 million ($29.8 mln) from a group of local and international backers to improve the performance of electrolysers and lower the cost of manufacturing renewable-based hydrogen, the company announced on Tuesday.

An Australian technology start-up firm has raised A$42.5 million ($29.8 mln) from a group of local and international backers to improve the performance of electrolysers and lower the cost of manufacturing renewable-based hydrogen, the company announced on Tuesday.

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