Author: By Daniela De Lorenzo (Forbes)
Date Published: 2 October 2023
Photo Cred: Sustainable Energy Council (Fredrick Mowill from Hystar on the right, Eric Guter from Air Products on the left)
Norwegian Green Hydrogen Company Hystar Announces 4 GW Factory, To Expand In North America
The Norwegian leading high-tech company Hystar AS specializing in green hydrogen production, has announced its ambitious venture—a state-of-the-art 4 gigawatts fully automated electrolyser factory in Norway, while planning towards international expansion into North America to benefit from investment incentives in the region.
Water electrolysis is one of the most promising alternatives to store energy from renewable energy resources, considered as most promising techniques for high pure efficient hydrogen production from renewable energy sources.
The news comes as Hyster CEO Fredrik Mowill and his colleagues Leila Asdal Danielsen, Magnus Thomassen and Tina Andersen participate in the Hydrogen America Summit in Washington D.C from October 2nd.