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Plug Power and South Korean SK Group to Form a Strategic Partnership to Accelerate Hydrogen Economy Expansion in Asian Markets; Plug Power to Receive $1.5 Billion Strategic Investment from SK Group

Plug Power and South Korean SK Group to Form a Strategic Partnership to Accelerate Hydrogen Economy Expansion in Asian Markets; Plug Power to Receive $1.5 Billion Strategic Investment from SK Group

LATHAM, N.Y., Jan. 6 (Korea Bizwire) — Plug Power Inc. (NASDAQ: PLUG), a leading provider of hydrogen fuel cell and fueling solutions enabling e-mobility, and SK Group, one of the leading South Korean business groups, announced today that the companies intend to form a strategic partnership to accelerate hydrogen as an alternative energy source in [...]

Changwon City to Introduce World’s First Hydrogen-powered Garbage Truck

Changwon City to Introduce World’s First Hydrogen-powered Garbage Truck

CHANGWON, Dec. 29 (Korea Bizwire) – The world’s first hydrogen-powered garbage truck will come into operation in Changwon, 400 kilometers southeast of Seoul, on New Year’s Day. The Changwon city government held a special ceremony on Monday accepting a 5-ton hydrogen-powered garbage truck in front of city hall. Last May, Changwon signed an agreement with [...]

S. Korean Companies Bet Big on Hydrogen for Zero-emission Goal

S. Korean Companies Bet Big on Hydrogen for Zero-emission Goal

SEOUL, Dec. 16 (Korea Bizwire) — Major South Korean companies in carbon intensive industries are jacking up investment in hydrogen across sectors to cut their greenhouse emissions and capture new business opportunities in the emerging energy sector. Hydrogen can offer solutions in fields ranging from transport to energy storage as an alternative to fossil fuels [...]

SK Group to Produce 280,000 Tons of Liquid Hydrogen by 2025

SK Group to Produce 280,000 Tons of Liquid Hydrogen by 2025

SEOUL, Dec. 2 (Korea Bizwire) — SK Holdings Co., the holding firm of South Korean energy and telecom conglomerate SK Group, plans to jump into the fledgling hydrogen industry. The company announced Tuesday that it has established a new task force for hydrogen energy, comprising 20 experts from SK Innovation Co., South Korea’s largest refiner [...]