Hans Maenhout, Investment Director at Finindus: A lower cost and increased flexibility of green hydrogen production is the key to success when it comes to the role hydrogen has to play in decarbonizing our society. This is exactly what the Hystar technology provides. Add to that the intrinsic safety of Hystar’s electrolysers, as well as the design for mass-manufacturing approach which allows for utilizing existing supply chains, and you have an excellent value proposition to offer to industrial customers such as ArcelorMittal, the world’s second largest steel manufacturer and Finindus’ key industrial partner.”

Hystar | Technology for a greener world

Andy also gained his construction qualification and joined the family business in 1994. Andy is a Director of Hystar and his area of specialism is construction management for all projects. He liaises with clients and subcontractors to ensure that the project is delivered on time and exceeds expectations. Luke Li, Founding Partner at Hillhouse Investment: “ The scale of decarbonization required for global industry cannot be underestimated; it is undoubtedly across these applications where green hydrogen will have its most profound impact. Hystar understands that, and its plans to commercialization in partnership with major industry players will pave the way for significant progress and a greener future – a vision Hillhouse is proud to support.” Revealed: The banks least likely to pay out if you get scammed (and the ones that reimburse the most cash) We believe that green hydrogen production has a long and attractive future globally, and we consider the ability to produce it at the efficiencies achieved by Hystar as a significant breakthrough in the electrolysis space. Hystar’s technology will reinforce hydrogen’s pivotal role in the transition to a decarbonised future” says Kevin Eggers, Partner, AP Ventures.

If so, make sure not to miss Hystar CTO Alejandro Oyarce Barnett's presentation on how Hystar is upscaling next generation PEM electrolysers for large scale green H2 applications at 14:00 today! AP Ventures manages venture capital funds focused on investing in pioneering new technologies and businesses which aim to solve global challenges such as renewable energy integration, resource scarcity, and a growing population. The company is building an Innovation Centre to support its R&D and manufacturing capabilities in Høvik, Norway. In addition, Hystar plans to install its first automated GW manufacturing facility by 2025. Hystar piston pumps: PV8, PV16, PV22, PV36, PV46, PV70, PV100, HV15, HV18, HV23, HV38, HV50, HV70, HV15-15, HV23-23, HV15-38, HV38-38, HV15-70 and HV38-70.

Hystar | LinkedIn Hystar | LinkedIn

Mark Wilson, chief executive of hydrogen technologies at Johnson Matthey, said: 'This strategic agreement with Hystar is an important endorsement of JM's electrolyser technology, manufacturing capability, supply chain access and our circularity offering. Established in 1977 and headquartered in Tokyo, NIPPON STEEL TRADING CORPORATION engages in wide range of businesses and has been expanding by leveraging the diversified development of marketing and import/export of steel/metal, industrial supply and infrastructure, foodstuffs, textiles and trying to preserve and improve the global environment. Norwegian Green Hydrogen Company Hystar Announces 4 GW Factory, To Expand In North America. The news comes as Hyster CEO Fredrik Mowill and his colleagues Leila Asdal Danielsen, Magnus Thomassen and Tina Andersen participate at #H2Americas2023. Read more here: https://lnkd.in/ehwbFjhPHans Maenhout, Investment Director at Finindus, said of their investment: “A lower cost and increased flexibility of green hydrogen production is the key to success when it comes to the role hydrogen has to play in decarbonizing our society. This is exactly what the Hystar technology provides. Add to that the intrinsic safety of Hystar’s electrolysers, as well as the design for mass-manufacturing approach which allows for utilizing existing supply chains, and you have an excellent value proposition to offer to industrial customers such as ArcelorMittal, the world’s second largest steel manufacturer and Finindus’ key industrial partner.”

Hystar Fredrik Mowill - Chief Executive Officer - Hystar

Green hydrogen plays a key role in shaping a sustainable energy future. At Hystar, we believe that the full potential of renewables can only be realized by large-scale energy storage and the use of hydrogen in heavy duty transportation, the maritime sector, and industrial processes. In January, Johnson Matthey and Plug Power similarly pledged to invest in up to 10 gigawatt new catalyst coated membranes (CCMs) manufacturing capacity in the US, with production expected to begin in 2025. Hystar is an innovative, well financed, spin-off company from SINTEF, one of Europe's largest independent research organizations. We're a small but diverse team of passionate people developing game-changing PEM electrolysers. Do I need to fit winter tyres to my car now it's colder, and what's the difference between summer and all-season tyres? Hystar AS, the Norwegian high-tech hydrogen company, today announces a Series B funding round of USD 26mn to rapidly scale-up to full commercial operations with an automated GW-capacity production line by 2025. The injection of capital, raised through equity, will also be used to fuel Oslo-headquartered Hystar’s growth, expansion into new markets, and ability to deliver on larger (100 MW and beyond) projects.

Are you attending the Swedish Hydrogen Development Center event titled 'The future of hydrogen production' today and tomorrow? As a spin-off from SINTEF, one of Europe’s leading research organizations, Hystar has 15 years history of research into PEM technology. With more than 5,000 hours of in-house testing, Hystar’s technology has been proven to use significantly less energy than conventional PEM electrolysers, enabling a substantial increase in hydrogen production output. The ultra-efficient design, which is patented and unique to Hystar, boasts a 90% thinner membrane than conventional electrolysers, enabling the production of up to 150% more green hydrogen. Knowledge Partner: Argus Media >> HAS2023 NEWS >> Norwegian Green Hydrogen Company Hystar Announces 4 GW Factory, To Expand In North America