GreenHy2 Reports $250K in Sodium-Ion Sales, Signs $2M Data Centre MOU

Strategic Product Launches

GreenHy2 Limited (ASX – H2G) has taken a significant step forward in the renewable energy storage sector with the launch of its PowerSafe Sodium-Ion Battery range. Engineered specifically for Australian conditions, these batteries promise enhanced safety by eliminating thermal runaway risks, affordability with projected cell costs potentially dropping below one-third of lithium-ion alternatives, and longevity with an expected lifespan of around 20 years. The sustainability angle is also strong, with the batteries being 100% recyclable.

Complementing this, GreenHy2 has introduced a high-quality Lithium Iron Phosphate (LFP) battery product, registered with the Clean Energy Council and eligible for consumer rebates. This addition broadens the company’s portfolio, offering customers more options tailored to safety and long life.

Expanding Market Reach with Turnkey Solutions

To accelerate adoption, GreenHy2 now offers complete turnkey solar and battery installation solutions, partnering with Clean Energy Council-registered installers and providing tailored financing options through third-party operators. This move aims to simplify the customer journey and drive uptake across residential, industrial, and utility sectors.

Strategic Partnership with Skeleton Technologies

In a notable development, GreenHy2 signed a Memorandum of Understanding with European energy storage leader Skeleton Technologies. This partnership focuses on deploying Skeleton’s Curved Graphene-based supercapacitors and SuperBattery systems in Australia, targeting data centres and critical infrastructure. These technologies offer ultra-fast charging, exceptional power density, and lifespans exceeding one million cycles, positioning them as a transformative solution for high-demand applications.

GreenHy2 has already tendered over $2 million in data centre projects, signaling early traction and potential for growth in this rapidly expanding market segment, especially amid rising energy demands driven by AI and digital infrastructure.

Operational and Financial Performance

Battery sales are gaining momentum, with $250,000 in sodium-ion battery sales recorded in the past month. The Telstra TDRIP project remains on track for completion within the next four weeks, with a final payment of $288,000 expected, further validating GreenHy2’s operational capabilities.

Financially, the company reported a net operating cash outflow of $382,000 for the quarter, ending with $700,000 in cash and $351,000 in unused financing facilities. This provides an estimated three quarters of funding runway, though the negative cash flow highlights the need for continued revenue growth and careful cash management.

Looking Ahead

GreenHy2 is actively pursuing large-scale industrial opportunities for its sodium-ion batteries, particularly in safety-critical environments such as petrol stations, bushfire-prone areas, and eco-resorts. The Skeleton Technologies partnership aligns well with the booming data centre sector and offers potential applications in transport and defence.

With a diversified product portfolio, strategic partnerships, and a clear focus on safety, sustainability, and cost-effectiveness, GreenHy2 is positioning itself as a key player in Australia’s transition to advanced energy storage solutions.