Position transducers: linear motion infinite resolution position transducer, KTC and KTF model types. Green hydrogen is a way to potentially decarbonise transport by powering vehicles with only water as a by-product, thereby helping countries meet their net zero emissions goals. Johnson Matthey signs three-year deal with Norway's Hystar to ramp up FTSE 100 firm's green hydrogen production

Hystar Desk Mats – Hystar

The technology promises to make a disruptive change to hard-to-abate sectors at scale, such as steel, ammonia, and heavy-duty transportation. The global steel industry alone, for example, will require 52 million tonnes of green hydrogen annually to decarbonize by 2050.Fredrik Mowill, CEO of Hystar, said of the funding round: “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 to expand electrolyser factory as it seeks to boost

Revealed: The banks least likely to pay out if you get scammed (and the ones that reimburse the most cash) 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.Read more in our press release: https://bit.ly/3QAOfR0 #GreenHydrogen #HyPilot #partnership #technology