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Hystar AS

Hystar AS - A leading Norwegian high-tech hydrogen company

Energy efficient hydrogen technology
Hystar’s electrolysis technology is based on patented PEM systems, developed with a strong focus on high energy efficiency and safety. The technology enables cost-effective mass manufacturing of electrolysers, driving down the levelized cost of green hydrogen.

Hystar is well-positioned for continued growth. The capital will support the installation and operation of the company’s fully automated gigawatt-scale production line. The new facility, planned to be operational in 2027 at Høvik, will have an annual capacity of 1.5 GW.

Strong International Investor Consortium
Nysnø is investing alongside Orlen VC, MOL Switch, Stenshagen Invest, Kinetics Technologies, AP Ventures, Firda, Nippon Steel Trading, Finindus and Sintef Ventures. This consortium provides strong industrial, financial, and technological grounding, along with a broad international network.

See all of our portfolio