Norway
Hystar is a high-tech Norwegian company founded in 2021, specializing in the development of the world's most efficient PEM electrolysers for large-scale green hydrogen production. Aiming to transform energy sectors, they offer a sustainable solution to the prevalent issue of carbon emissions associated with traditional hydrogen extraction methods from natural gases.
The company stands out by advancing hydrogen recovery that is entirely green and clean, aligning with global initiatives to reduce greenhouse gas emissions. With hydrogen poised as a key player in future energy solutions, Hystar is strategically positioned in this emerging industry.
Recently, Hystar secured a substantial investment of €26.00M in the form of a grant from the European Union as of 23 October 2024. This financial endorsement highlights the trust and recognition from major international bodies, underscoring the company's potential and impact in advancing green energy technologies.
