Norwegian hydrogen technology company Hystar AS has secured a substantial €26 million ($28.1 million) grant from the EU Innovation Fund to advance its PEM electrolyser stack production to an industrial scale in Høvik, Norway. The funding is intended to facilitate the establishment and operation of an automated gigawatt (GW) production line at Hystar's facility, enabling the company to cater to the global demand for green hydrogen solutions in hard-to-abate sectors. Hystar's PEM electrolyser technology, known for its efficiencies, cost reductions, enhanced performance, and safety in green hydrogen generation, will be further optimized through automation, enhancing manufacturing processes and supply chain utilization. The current 100-megawatt (MW) production line at Hystar's Høvik site is already fulfilling commercial orders, with plans to transition to an automated GW factory with an expected output of 1.5 GW by 2027 and scalable up to 4.5 GW by 2031. CEO Fredrik Mowill underlined the significance of this expansion for Europe's green hydrogen domain, emphasizing the company's commitment to meeting global technology demand. The EU funding is crucial for driving cost and production efficiencies, particularly vital for sectors like heavy industry and transport. Europe's emphasis on green hydrogen is evident through large-scale projects across the continent, aligned with the EU's goals of producing and importing significant amounts of green hydrogen by 2030. Initiatives like Hy2Tech and AquaVentus play pivotal roles in this mission by leveraging substantial state aid and renewable energy sources. The European green hydrogen sector is forecasted to require substantial investment by 2030 to attain the outlined targets, signaling a pivotal transition towards sustainable energy solutions.