SEOUL, Nov. 9 (Korea Bizwire) — South Korea vowed Wednesday to significantly boost the use and production of clean hydrogen by extending support for securing advanced technologies and building infrastructures with a goal to achieve zero-emission goals and become the world’s No. 1 hydrogen industry powerhouse. The government announced the comprehensive roadmap during a hydrogen [...]
SEOUL, Sept. 8 (Korea Bizwire) — The heads of South Korea’s major conglomerates on Wednesday launched a business council to foster hydrogen as a clean energy source and expand its value chain. A total of 15 conglomerates, including Hyundai Motor, SK, POSCO, Lotte and Hanwha, launched Korea H2 Business Summit to encourage corporate investments and [...]
SEOUL, March 2 (Korea Bizwire) – South Korea’s five major conglomerates announced Tuesday they plan to invest 43 trillion won (US$38.2 billion) in the hydrogen industry in the latest move to meet the growing demand for the energy source. Under the plan, SK, Hyundai Motor, POSCO, Hanwha and Hyosung will build a wide range of [...]
SEJONG, July 1 (Korea Bizwire) — South Korea said Wednesday it will foster 1,000 businesses in the hydrogen industry over the next 20 years in its latest push to nurture a hydrogen-based ecosystem and related economy. Under the goal, the country will help create at least 500 new firms in various hydrogen-related segments, including cars, [...]
New York, NY, Jan. 14 (Korea Bizwire) — A Memorandum of Understanding was signed on January 13 between The Center for Hydrogen Safety (CHS), a global technical community within the American Institute of Chemical Engineers (AIChE), and Gangwon Technopark (GWTP), a government agency within South Korea’s Gangwon Province, inviting CHS to provide expert safety reviews [...]
SEOUL, Jan. 13 (Korea Bizwire) — South Korea’s bold drive to promote the use of hydrogen for power generation, vehicles and other industires is witnessing progress as sales of hydrogen fuel cell cars increased sharply last year and more charging stations were installed, the industry ministry said Monday. Seoul unveiled its so-called hydrogen economy drive [...]
SEOUL, Dec. 30 (Korea Bizwire) — South Korea plans to build the world’s first ‘hydrogen cities’ to promote the hydrogen economy. The Ministry of Land, Infrastructure, and Transport announced on Sunday that it chose Ansan, Ulsan, Wanju, and Jeonju as ‘candidate cities for the hydrogen economy,’ and Samcheok as a city that will specialize in [...]
SEOUL, May 30 (Korea Bizwire) — Hyundai Motor Co. said Thursday it will build a commercial hydrogen charging station at the National Assembly by August in extended efforts to promote hydrogen vehicles. It will be the first commercial hydrogen charging station in Seoul and the world’s first such facility at a parliament building, Hyundai said [...]
SEJONG, Jan. 17 (Korea Bizwire) — South Korea announced a hydrogen economy policy blueprint on Thursday that centers on promoting eco-friendly automobiles and power cells that could create 43 trillion won (US$38.2 billion) worth of wealth in 2040. The Ministry of Trade, Industry and Energy said the policy is focused on building a society that [...]