SEOUL, May 28 (Korea Bizwire) – South Korea’s leading steelmaker POSCO has joined hands with Orsted A/S, the world’s largest offshore wind power producer in the areas of offshore wind power and green hydrogen production. The two parties recently signed a memorandum of understanding (MOU) to promote a comprehensive partnership with a focus on domestic [...]
SEOUL, May 17 (Korea Bizwire) — On a quest to accelerate hydrogen mobility-related business, Hyundai Motor Co. is taking one more step towards improving public awareness of the transition towards a hydrogen society. In collaboration with the U.S. media company Bloomberg L.P., Hyundai Motor Group has operated the H2 Economy Campaign since 2019. The campaign [...]
SEOUL, May 13 (Korea Bizwire) — South Korean power plant builder Doosan Heavy Industries & Construction Co. said Thursday that it has signed a deal with Korea Hydro & Nuclear Power Co. (KHNP) to cooperate on hydrogen-related business. Under the deal, Doosan Heavy and nuclear power plant operator KHNP will develop technologies to produce and [...]
SEOUL, May 6 (Korea Bizwire) — South Korea’s top power-equipment maker Doosan Heavy Industries & Construction Co. said Thursday that it has teamed up with a local company to produce hydrogen from waste plastic and vinyl as part of its efforts to diversify its business portfolio. Doosan Heavy said it will extract hydrogen from gas [...]
SEOUL, April 27 (Korea Bizwire) — The supply of low-priced by-product hydrogen will begin in earnest this year for use in transport. On Monday, the Ministry of Trade, Industry and Energy, the South Chungcheong provincial government and the Dangjin city government held a completion ceremony for a new hydrogen supply and shipment center for hydrogen [...]
SEOUL, April 20 (Korea Bizwire) — South Korea’s first conceptual model of a hydrogen fuel-cell tram, spotlighted as one of the next-generation eco-friendly means of public transportation, has recently been unveiled. The model made its first appearance at Hyundai Rotem Co.’s plant in the southeastern city of Changwon on Tuesday, developed to test its primary [...]
SEOUL, April 6 (Korea Bizwire) — Hyundai Oilbank Co., a major South Korean refiner, said Tuesday it will work with Air Products & Chemicals Ltd., the world’s leading hydrogen supplier, to develop hydrogen technology and business models. Hyundai Oilbank and Air Products signed a memorandum of understanding for cooperation in producing hydrogen and its applications [...]
DAEJEON, April 5 (Korea Bizwire) — The state-run Korea Gas Technology Corp. has been selected by the Ministry of Land, Infrastructure and Transport to lead a project on the development of infrastructure for hydrogen-based public transportation overseas. The company will build charging stations for hydrogen fuel-cell electric buses in the United Arab Emirates (UAE), which are [...]
SEOUL, March 25 (Korea Bizwire) — Hyundai Heavy Industries Group said Thursday that it will nurture hydrogen-related business as its new growth engine amid tightened environmental regulations and rising demand for eco-friendly fuels. Under the plan, the shipbuilding group will establish a new unit that handles the production of hydrogen and the use of it [...]
SEOUL, March 23 (Korea Bizwire) – South Korea said Tuesday it plans to build two facilities that collect by-product hydrogen and transport the resource in an effort to further boost the country’s green energy drive. The country will spend 6.3 billion won (US$5.59 million) on the project, according to the Ministry of Trade, Industry and [...]