Green hydrogen startup Hysata pockets record $172 million Series B

- May 9, 2024 2 MIN READ

Wollongong-based electrolyser startup Hysata, which is developing production methods for low-cost green hydrogen, has raised $172 million (US$111.3m) in a Series B, a record for clean tech in Australia. The round was co-led by the venture arm of oil industry giant bp, and Investec’s Hong Kong-based  alternative investment firm Templewater, with both chipping in US$10m (A$15.2m).… Read more »

Andrew Forrest
Climate Tech

UNCOOL RUNNINGS: Mining billionaire Andrew Forrest said business ‘will kill your children’ if it doesn’t act on climate change

- September 4, 2023 3 MIN READ

Three decades after John Candy delivered the prophetic line “It’s not so much the heat, it’s the humidity that’ll kill you”, as comedy gold, iron ore miner Dr Andrew Forrest has turned the old idiom into a dire warning about climate change in a speech to business leaders. Candy said it as coach of the… Read more »

NSW Treasurer Matt Kean
Climate Tech

NSW puts $64 million into two green hydrogen hubs amid $1.5 billion in incentives now on the table

- March 3, 2023 2 MIN READ

The NSW government is investing $64 million into the state’s the first two green hydrogen hub projects, in the Illawarra and Moree, as it also opens up applications for $1.5 billion in concessions for large-scale green hydrogen producers. The initial recipients are the BOC Illawarra Hydrogen Technology Hub and Sundown’s Keytah cotton farm near Moree.… Read more »

RMIT Hydrogen researchers
Climate Tech

RMIT researchers have found a cheaper way to make green hydrogen from seawater

- February 14, 2023 2 MIN READ

Scientists at RMIT have made a breakthrough by developing a cheaper and more energy-efficient way to make hydrogen directly from seawater, without needing to desalinate the water. Hydrogen has long been touted as a sustainable alternative fuel and a potential solution to critical energy challenges, particularly for industries that are more difficult to transition to… Read more »

Fabrum Fabrum founders Hugh Reynolds, Christopher Boyle, and Dr Ojas Mahapatra

Andrew Forrest backs Kiwi hydrogen tech startup Fabrum in NZ$23 million Series A

- February 8, 2023 2 MIN READ

New Zealand liquid hydrogen tech company Fabrum has raised NZ$23 million (A$21m) in a Series A The round was led by London VC AP Ventures, with participation from Dr Andrew Forrest’s Fortescue Future Industries, Japan’s Obayashi Corporation and New Zealand VC K1W1. The Christchurch-based venture, founded in 2004, is considered a world leader in industrialised… Read more »