Hysata, a New South Wales-based company that makes electrolyzers, has announced its latest breakthrough: It can generate hydrogen with a whopping 95 percent efficiency.
The company recently raised Series B funding and is now preparing to make green hydrogen available at a large scale around the globe.
As countries look to move away from carbon-emitting fossil fuels, renewable sources of energy that can be tapped on demand are needed. Unlike wind and solar power, which we cannot control, hydrogen generated by splitting water can be used according to energy demands.
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