hydrogen industry Archives

S. Korea Aims to Foster 1,000 Hydrogen-related Firms by 2040

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, [...]

Ulsan to Build Hydrogen Industry Promotion Agency by 2024

ULSAN, Feb. 11 (Korea Bizwire) — The city of Ulsan plans to develop a hydrogen industry promotion agency to conduct research and development (R&D) projects and create various strategies to take the lead in the global hydrogen market. The city announced on Saturday that it is considering the investment of 40 billion won (US$35.5 million) [...]