Nysnø, an investment company based in Norway, has announced a strategic investment in Hystar AS, a prominent Norwegian high-tech hydrogen firm, to drive the global expansion of green hydrogen technology. Hystar's electrolysis technology, which is based on patented PEM systems, emphasizes high energy efficiency and safety standards in manufacturing electrolysers, leading to cost-effective mass production and reducing the levelized cost of green hydrogen. This investment will empower Hystar to establish a fully automated gigawatt-scale production facility in Høvik by 2027, with an impressive annual capacity of 1.5 GW, poised to revolutionize the green hydrogen market. Fredrik Bryne from Nysnø Climate Investments commended Hystar's innovative technology and international outlook, positioning the company as a frontrunner in the global green hydrogen landscape. Additionally, a consortium of strong international investors, including Orlen VC, MOL Switch, and others, signifies the collective confidence in Hystar's capabilities and growth trajectory. Fredrik Mowill, the CEO of Hystar, expressed gratitude for the investors' support, highlighting the company's recent market achievements and the strategic vision for future growth. This partnership between Nysnø and Hystar exemplifies a significant step towards advancing sustainable energy solutions and accelerating the energy transition on a global scale, ultimately nurturing a more environmentally friendly and efficient hydrogen economy.