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Hydrogen production
Case study

Clean and efficiently green frontier hydrogen development

Hysata to commercialise breakthrough research 

Innovative technology based on University of Wollongong research aims to produce hydrogen more efficiently and accelerate the development of Australia’s emerging hydrogen industry. 

First

hydrogen investment

$5m

capital raise

$750k

CEFC finance

We have been looking globally for new technology that can unlock the trillion-dollar opportunity in hydrogen. The Hysata technology is truly world-leading, and we’re very excited to help the team in their mission to make green hydrogen a reality for Australia and the world. This company is a great example of the tremendous economic opportunities that can be unlocked by the research being done at our universities.
Michael Molinari
Managing Director, IP Group Australia

Our investment

In its first hydrogen-related investment, the CEFC committed $750,000 through the Clean Energy Innovation Fund to Hysata’s initial capital raise of $5 million, alongside cornerstone investor IP Group. IP Group is a global technology investor specialising in the commercialisation of university research. 

our impact 

The new technology was developed by a team of researchers at the University of Wollongong team led by chemical catalysis and characterisation expert Professor Gerry Swiegers, who has founded six spin-off companies and licensed out three new technologies in the past 15 years.  

Hysata is based at the University’s Australian Institute for Innovative Materials, a purpose-built facility to help transform multi-functional materials research into commercial reality. The company has strong laboratory, academic and commercialisation experience and is actively investigating potential applications for its breakthrough technology. 

Hydrogen has the potential to make a substantial contribution to Australia’s clean energy transition, reducing emissions across the economy while underpinning the development of an important domestic and export industry. 

Australia’s national hydrogen strategy aims to position Australia as a major global player by 2030. The development of the hydrogen industry also aligns with the National Technology Energy Road Map, by further supporting energy affordability and improved energy system reliability. 

Learn more about the Clean Energy Innovation Fund

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Australia’s leading cleantech investor

The Innovation Fund has made a substantial impact in a short period of time, investing in innovative companies which are capitalising on exciting new cleantech opportunities to help lower our emissions.

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Last updated 17 June 2021. New South Wales, Innovation Fund, Low emissions, Energy efficiency