hydrogen

Australia

Companies sign MOU for hydrogen development and production

Melbourne-based cleantech startup Hydrogen Systems Australia (HSA) has signed a Memorandum of Understanding (MOU) with Aboriginal Australian business group focused on investments in renewable energy projects, The Desert Springs Group, confirming the two companies intention to work together in hydrogen development and production.
Companies sign MOU for hydrogen development and production
Hydrogen Systems Australia and Desert Springs

In what is a significant development for the two rising companies in the renewable energy sector on both a domestic and global scale, the agreement officially confirms their intention to work together in hydrogen development and production, with the aim to collaborate and empower indigenous business with some exciting clean energy initiatives and Aboriginal economic development policies.

Hydrogen Systems Australia is stepping through its research and development roadmap for Project Shield, its patented Dual Frequency Plasma Electrolyser technology R&D programme, currently being confirmed by HSA's science team in the United States. HSA officially lodged a full patent application for its technology earlier this month.

A successful independent test conducted in a laboratory in Europe late last year confirmed HSA's technology objective is on track to be incredibly disruptive to more familiar methods of electrolysis such as PEM, AEM, Alkaline and Solid Oxide with significantly cheaper CAPEX, better efficiency, and no requirement of precious metals such as platinum and iridium.

“This really is an exciting time for both Hydrogen Systems Australia and The Desert Springs Group, after several meetings spanning 18 months resulting in a clear vision, a lot of synergies, and aligned values and goals” said HSA Founder and CEO Brian Power. “Our world-leading Dual Frequency Plasma Electrolyser technology will not only help decarbonize the world's energy supply, it will also make Green Hydrogen affordable to all. Energy Security is our core focus. Combine that with our passion for the remote Indigenous Community sector, and we're well on the way to enabling us to meet Australia's Energy Security outcomes and fulfill our mission of honoring the land and the spirit of Country and its people.”

Bevan Mailman, Chairman of The Desert Springs Group and 2021 Australian Indigenous Leader of the Year, believes Hydrogen Systems Australia's trailblazing technology and commitment to being a values driven company creates the right mix to explore future projects together.

“This approach is underpinned by a vision of nation building in the spirit of co-design and co-ownership as a pathway to reconciliation, and a way of walking together to build First Nations capacities for self-governance and self-determined economic development” said Mr Mailman. “It's an exciting opportunity to co-create for the betterment of the people and land for generations to come.”

For additional information:

Hydrogen Systems Australia (HSA)

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