Semiconductor manufacturing company Hystar is set to build a fully automated 4GW electrolyser facility in the Norwegian subarea of Høvik.
Construction work is set to begin early next year and is expected to be finished by 2025, with the factory’s production line to be operational by 2026.
Hystar CEO Fredrik Mowill said: “Our Høvik GW factory demonstrates our commitment to rapidly expanding our European operations and meeting the strong demand for our technology across Europe.”
Hystar has already begun producing electrolyser stacks for its planned proton exchange membrane electrolyser deliveries at its existing facilities, which have a manufacturing capacity of 50MWh.
The Høvik GW automated manufacturing line’s supplier will be chosen later this year.
In addition, the company revealed its expansion plans for the US to open a new headquarters next year and a multi-GW facility by 2027.
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Hystar is currently in talks with US and Canadian stakeholders regarding establishing its first GW production factory on the continent. Hystar anticipates its US commercial operations to exceed its European goals within ten years.
Mowill added: “As we continue to scale up our operations, we are now looking at opportunities beyond Europe – the North American market has created a highly favourable environment for companies like ours to thrive in. We are looking forward to identifying the ideal North American location for Hystar.
“Opening a North American headquarters and delivering a factory on the continent is a major milestone in Hystar’s journey to deploying green hydrogen at scale. This is critical to decarbonising the global economy.”