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Can a smart meter really help Britain stop relying on imported gas to heat our homes? Our writers probe key claim Are you attending the Swedish Hydrogen Development Center event titled 'The future of hydrogen production' today and tomorrow? 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.” FTSE 100 firm Johnson Matthey has signed a three-year supply agreement with Norway's Hystar to ramp up green hydrogen production.
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Five steps to find YOUR buried pension treasure: Savers have lost millions of pots - here's how to hunt them down Johnson Matthey said it will supply Hystar with membrane electrode assemblies (MEAs) - a key component for electrolysers, which will be used to ramp up green hydrogen production. 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. How does your pension compare to the average saver's pot - and will you get the retirement you want? 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.High-tech hydrogen startup Hystar has just bagged over €24 million as it plans to level up commercial operations. The GreenTech startup has developed a way to scale hydrogen production in a way that is 100% green and clean – a game changer for the energy space. 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. 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.
Hystar bags €24.1M to scale up Norwegian hydrogen company Hystar bags €24.1M to scale up
Fredrik Mowill, CEO of Hystar: “Since our inception, we have been committed to rapidly scaling up to ensure the widespread commercial deployment of our game-changing technology. We are therefore excited to have closed our Series B funding round with such high-quality industrial and financial investors who can contribute to accelerating our growth. We look forward to working with our new shareholders to explore joint opportunities to deploy green hydrogen projects at scale. We’re also very happy that our existing shareholders, with AP Ventures in the lead, have continued their strong support of Hystar.” 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. 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.” For cost savings, you can change your plan at any time online in the “Settings & Account” section. If you’d like to retain your premium access and save 20%, you can opt to pay annually at the end of the trial.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. Host Sponsors: Air Products, Government of South Australia Department for Trade and Investment, Environmental Defense Fund
Hystar Hydraulics Shipped Worldwide | Hydraulics Online Hystar Hydraulics Shipped Worldwide | Hydraulics Online
In the U.S., the Inflation Reduction Act (IRA) offered investment incentives and the fast-moving market for hydrogen the necessary demand, with the government set to propose up to 10 hydrogen hubs in the coming week, Mowill told Reuters. Want a pension pot for life? Plan would curb ever increasing number of small pots and become 'auto enrolment 2.0' - this is how it could work The company, which makes most of its money by selling catalytic converters to clean the fumes spewed out by combustion engines, is increasingly focusing on new sustainable technologies, including green hydrogen.Hystar’s PEM electrolysers are the most efficient and safest in the world and have been designed for mass manufacturing from the very beginning. 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. 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!
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