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Partnerships such as this that bring together complementary capabilities and strengths of different organisations are essential to the development of the hydrogen economy.'

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Access unmatched financial data, news and content in a highly-customised workflow experience on desktop, web and mobile. Do I need to fit winter tyres to my car now it is getting colder? And what are the differences and benefits to summer tyres and all-season tyres?Green hydrogen has a central role in shaping a sustainable energy future. We at Hystar believe that the full potential of renewables can only be realized by large scale energy storage and use of hydrogen in heavy duty transportation and in industry. The company is looking to set up a North America headquarters in 2024 and plans to build a multi-gigawatt factory by 2027. Hystar is a high tech company that specializes in advanced PEM electrolysers for large scale green hydrogen production. Browse an unrivalled portfolio of real-time and historical market data and insights from worldwide sources and experts. Located in Høvik, Norway, Hystar is building an Innovation Centre to support its R&D and manufacturing capabilities. By 2025, Hystar will install its first automated GW manufacturing facility. 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.

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It’s been stated and restated that 2023 will be the year for GreenTech disruption. Across Europe last year, we saw funding for GreenTech and sustainability-focused startups ramp up, we saw new funds and accelerators open up and the appetite for this market hit an all-time high – and it’s a trend we expect to grow over the next months. Hystar has developed a PEM electrolysis technology that enables green hydrogen to be produced at higher efficiencies than existing PEM technologies. A unique cell design and process architecture offers an exciting opportunity to reduce electricity consumption and increase hydrogen output, significantly lowering the cost of green hydrogen production from PEM electrolysis. The technology will target the growing global demand for green hydrogen for industrial, renewable power and mobility applications. Five steps to find YOUR buried pension treasure: Savers have lost millions of pots - here's how to hunt them down Read more in our press release: https://bit.ly/3QAOfR0 #GreenHydrogen #HyPilot #partnership #technology Firda is an investment company founded by serial entrepreneur Geir Førre, after his 3 successful exits with Energy Micro, Chipcon and Prox Dynamics. Since 2015 Firda has been an active technology investor with a focus on Norwegian technology companies that are highly scalable and have a positive impact on the world. Firda’s current portfolio includes Airthings, Ardoq, Disruptive Technologies and Zivid.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. Fredrik Mowill, Chief Executive Officer at Hystar, says: “Hystar’s class-leading PEM electrolyser is currently undergoing a ramp-up to GW scale production capacity. As part of our growth plans, Hystar will partner with strategic suppliers, such as JM, who possess state-of-the-art technology, mass manufacturing capacity as well as the ability to pursue future technology developments.” The experts' forecasts on when base rate will go into reverse - and what borrowers and savers should do The Hystar Group is an award-winning family-owned and managed property development company based in the heart of Reigate in Surrey, originally established in 1977. Hystar has a strong reputation for its personal and professional service to ensure that client expectations are met and exceeded. By working with the most skilled and reputable craftsmen, Hystar completes every development to the highest standard and this is evident in all projects. Hystar has a vast wealth of knowledge and experience with residential and commercial projects for both private and public clients.

Ventures leads investment into efficient green hydrogen AP Ventures leads investment into efficient green hydrogen

Toshihiro Hayashi, General Manager, Mineral Resources Group at Mitsubishi Corporation, added: “Hystar has a critical role to play in decarbonizing global industry, which aligns with our strategic plan to invest in sustainable solutions for decarbonized societies. Green hydrogen is one of the key focuses for Mitsubishi Corporation and we believe Hystar’s unique technology has the potential to significantly impact its large-scale deployment. We look forward to working with Hystar as they ramp up to widespread commercialization and realize their game-changing ambitions for green hydrogen.” 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. In addition to expanding its European operations and meeting the demand for its technology there, Hystar is also planning an expansion into North America, Hystar's CEO Fredrik Mowill said. Learn more about this world class provider of hydrostatic transmissions, mobile electronics, orbital motors, piston pumps and motors, steering components and PVG proportional valves.

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Hystar specializes in high-performance PEM electrolysers for large-scale green hydrogen production. Our patented technology allows Hystar electrolysers to operate more efficiently and at higher current densities than any other electrolyser technology on the market, giving us a considerable commercial advantage. Sintef is one of Europe’s largest research institutes with multidisciplinary expertise in science and technology. SINTEF Venture V is an early-stage investment fund focused on the commercialization of research results. The fund has a capital base of NOK 500 million provided by SINTEF, the European Investment Fund and a number of private institutional Norwegian investors. The European Investment Fund (EIF) is the EU’s instrument for investing in equity funds in the EEA area. The investment in SINTEF Venture V, which is EIF’s largest investment in Norway, has been made possible through funds from InnovFin Equity and financial instruments under the EU’s Horizon 2020. 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.”

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Electrolysers produce green hydrogen by splitting water with the use of electricity, allowing for the decarbonisation of industry sectors that cannot switch to electricity outright.FTSE 100 firm Johnson Matthey has signed a three-year supply agreement with Norway's Hystar to ramp up green hydrogen production. Johnson Matthey (JM), a global leader in sustainable technologies, and Hystar, a Norwegian high-tech hydrogen company, have signed a three-year strategic supply agreement to ramp up renewable (green) hydrogen production. This delivers on JM’s published milestone of winning at least two strategic partnerships in Hydrogen Technologies by the end of 2022/23. Hystar is an innovative, well financed company that got our start as a spin-off from SINTEF, one of Europe’s largest independent research organizations. We’re a fast growing, diverse team of passionate people, developing game-changing PEM electrolysers. The round was co-led by AP Ventures and Mitsubishi Corporation. Additional investors in the round included Finindus, Nippon Steel Trading, Hillhouse Investment and Trustbridge Partners, alongside existing investors SINTEF Ventures and Firda. We're absolutely thrilled to announce our GW factory in Norway and plans for the North American expansion. As Hystar CEO Fredrik Mowill says: "This is critical to decarbonising the global economy.”