SEOUL, April 28 (Korea Bizwire) — A ‘blue hydrogen’ production facility has been established in the southeastern city of Changwon, the first of its kind in South Korea. Blue hydrogen is produced from natural gas, but emissions are eliminated by capturing and storing the emitted carbon. The Ministry of Environment and the Changwon city government [...]
SEOUL, April 26 (Korea Bizwire) — South Korea’s top automaker Hyundai Motor Co. has announced plans to produce clean hydrogen using biogas from sewage waste. The company announced on Tuesday that it had signed a business agreement with the city government of Cheongju in North Chungcheong Province and the Institute for Advanced Engineering. The agreement [...]
SEOUL, April 6 (Korea Bizwire) — The government has designated the hydrogen sector as a national core technology, while adding two fuel cell technologies to the list of national core technologies. The Ministry of Trade, Industry and Energy said Wednesday it will revise and promulgate the Ordinance on Designation of National Core Technologies. Thus far, [...]
SEOUL, March 27 (Korea Bizwire) — Hyundai Glovis Co. said Monday it has signed a memorandum of understanding (MOU) with GS Energy Corp. for a collaboration in the production and delivery of ammonia and hydrogen as it accelerates its clean energy drive. Under the MOU, Hyundai Glovis will take charge of the marine transportation of [...]
SEOUL, Feb. 7 (Korea Bizwire) — A majority of the hydrogen fuel cell power generators established in the last three years are not currently in operation, data showed Monday. The Korea Energy Agency reported that among 384 fuel cell power generators built between 2019-2021, only 123 are currently in operation, a mere 32 percent of [...]
LAS VEGAS, Jan. 24 (Korea Bizwiure) — DCARB, which operates in the booming Hydrogen and Decarbonisation sectors, has received VC funding from the Canadian merchant banking firm Caerus Capital. HYDROFLEX (via their brand DCARB) has secured a significant position as a leading solution provider in the Decarbonisation and Carbon Emission reduction sectors through its breakthrough [...]
SEOUL, Dec. 28 (Korea Bizwire) — The Ministry of Land, Infrastructure and Transport said Tuesday it had succeeded in developing a test vehicle for a hydrogen-powered electric train in collaboration with the state-run Korea Railroad Research Institute. The two parties have carried out a project since 2018 to develop a hydrogen fuel cell-based hybrid propulsion [...]
SEOUL, Dec. 23 (Korea Bizwire) — South Korean shipbuilding, oil refining and machinery conglomerate HD Hyundai said Thursday its shipbuilding units succeeded in developing the country’s first liquid natural gas (LNG)-hydrogen mixed-fuel engine. Korea Shipbuilding & Offshore Engineering Co. and its affiliate Hyundai Heavy Industries Co. jointly announced on the completion of performance tests for [...]
LATHAM, N.Y., Dec. 15 (Korea Bizwire) – Plug Power (Nasdaq: PLUG), a leading provider of turnkey hydrogen solutions for the global green hydrogen economy, and Nikola Corporation (Nasdaq: NKLA), a global leader in zero-emissions transportation and energy supply and infrastructure solutions, today announced a strategic relationship focused on moving the hydrogen economy forward. Plug and Nikola have executed a [...]
SEOUL, Nov. 22 (Korea Bizwire) — South Korea’s fuel cell maker Doosan Fuel Cell Co. said Monday that it had signed a deal with China’s ZKRG Smart Energy Technology Co. to supply hydrogen fuel cells as well as to establish a joint venture. Under the terms of the deal, Doosan Fuel Cell will export a [...]