Where is hystar based?

Norwegian company Hystar is planning to expand its plant in Høvik, near Oslo to a capacity of 4GW a year, up from 50MW today. Electrolysers are used to split hydrogen from water and are in growing demand as countries around the world look to start replacing fossil fuels with hydrogen.

What's in hystar's name?

what’s in our name? At Hystar, we believe that the future of green hydrogen is “written in the stars.” This is because the stars themselves – and in fact, nearly the entire universe, if you add up all the atoms – are made up of mostly hydrogen © 2023 All rights Reserved.

Does hystar have a plant in North America?

The company already operates a small research and production facility at the site, which has 50MW of electrolyser capacity, with first deliveries of actual green hydrogen expected later this year. Hystar also said it would establish a new headquarters in North America next year, with plans for a “multi-GW factory” by 2027.

Who has invested in Hystar?

Hystar is backed by AP Ventures, a significant investor focused on breakthrough technologies in the fast-growing hydrogen industry.

What makes hystar a great electrolyser?

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. Hystar’s patented technology is a game-changer when it comes to tackling hard-to-abate sectors at scale, such as steel, ammonia, and heavy-duty transportation.

What can hystar do for the world's hard-to-abate industry?

Hystar’s patented technology is a game-changer when it comes to tackling hard-to-abate sectors at scale, such as steel, ammonia, and heavy-duty transportation. The global steel industry alone, for example, will require 52 million tonnes of green hydrogen annually to decarbonize by 2050 according to Wood Mackenzie.