hydrogen firms Archives | Be Korea-savvy

S. Korea Seek to Nurture More Hydrogen Companies

SEOUL, March 3 (Korea Bizwire) — South Korea will extend support for smaller hydrogen-specialized companies with a goal to raise the number of such firms to 600 by 2030 from the current 60 in line with growing demand for clean energy, the industry ministry said Friday. The government will revise a law by July to [...]

S. Korea Designates More Hydrogen-focused Businesses

SEOUL, Sept. 13 (Korea Bizwire) — South Korea’s industry ministry on Monday designated eight additional hydrogen-focused businesses eligible to receive state financial support, in line with the country’s goal to slowly phase out conventional resources and go carbon neutral by 2050. The country launched a new law on promoting the hydrogen economy in February, under [...]