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Scientists Develop New Hydrogen Fuel Engine that Can Power Industrial Drones

Scientists Develop New Hydrogen Fuel Engine that Can Power Industrial Drones

DAEJEON, Nov. 26 (Korea Bizwire) — The Korea Institute of Machinery and Materials said Thursday that it has developed a 5-kilowatt hydrogen fuel engine that can power heavy lift industrial drones. The newly-developed engine supplies hydrogen fuel using the direct spray method while optimizing engine parameters such as ignition and spray. The hydrogen engine has [...]

Hyundai Offers to Buy Back Nexo Hydrogen Cars with Stack Defects

Hyundai Offers to Buy Back Nexo Hydrogen Cars with Stack Defects

SEOUL, Oct. 22 (Korea Bizwire) — Hyundai Motor Co. has introduced a compensation program for owners of the hydrogen fuel cell electric vehicle Nexo, 15,000 units of which have been recalled since August for quality defects. It recently notified Nexo owners that it has decided to introduce a ‘buy-back’ program for used cars.. The company [...]

Researchers Develop Innovative Hydrogen Storage Technology

Researchers Develop Innovative Hydrogen Storage Technology

CHANGWON, Oct. 14 (Korea Bizwire) — Korean researchers have developed new technology that can ensure the safe long-term storage of gaseous hydrogen by liquefying it at an extremely low temperature of -253 degrees Celsius. The Korea Electrotechnology Research Institute said Wednesday that it had developed ‘Zero Boil-Off’ technology that enables long-term storage and production of [...]

Phillips 66, Plug Power Sign Agreement to Advance Green Hydrogen

Phillips 66, Plug Power Sign Agreement to Advance Green Hydrogen

HOUSTON and LATHAM, N.Y, Oct. 13 (Korea Bizwire) – Phillips 66 (NYSE: PSX) and Plug Power Inc. (NASDAQ: PLUG), a leading provider of turnkey hydrogen solutions for the global green hydrogen economy, today announced that the companies have signed a memorandum of understanding to collaborate on the development of low-carbon hydrogen business opportunities. Phillips 66, which has 13 wholly [...]

Plug Power and South Korea’s SK E&S Form Joint Venture to Accelerate Expansion of Hydrogen Economy in Asian Markets

Plug Power and South Korea’s SK E&S Form Joint Venture to Accelerate Expansion of Hydrogen Economy in Asian Markets

LATHAM, N.Y., Oct. 6 (Korea Bizwire) – Plug Power Inc. (NASDAQ: PLUG), a leading provider of turnkey hydrogen solutions for the global green hydrogen economy, and SK E&S, part of South Korea’s SK Group, announced today that the companies have formed a joint venture designed to accelerate the use of hydrogen as an alternative energy source in [...]

Corporations Speed Up Efforts to Develop Hydrogen Ventures

Corporations Speed Up Efforts to Develop Hydrogen Ventures

SEOUL, Oct. 5 (Korea Bizwire) — Businesses are speeding up competition in the hydrogen industry as they set up new corporations or engage foreign businesses. Doosan Group recently established Doosan H2 Innovation, a new corporation that will be in charge of developing solid oxide fuel cells (SOFC). The group also plans to reorganize the R&D [...]