LATHAM, N.Y., April 19 (Korea Bizwire) — Plug Power Inc. (NASDAQ: PLUG), a leading provider of turnkey hydrogen solutions for the global green hydrogen economy, reveals today a fresh, new brand, purpose and logo reflecting its commitment to building a more secure and sustainable energy future. “Hydrogen is the molecule of a green energy revolution,” [...]
LATHAM, N.Y., April 19 (Korea Bizwire) – Plug Power Inc. (NASDAQ: PLUG), a leading provider of turnkey hydrogen solutions for the global green hydrogen economy, today announced an agreement with Walmart Inc. (NYSE: WMT) for an option to deliver up to 20 tons per day of liquid green hydrogen to power material handling lift trucks across Walmart distribution and [...]
SEOUL, March 31 (Korea Bizwire) — Lotte Chemical Corp. said Thursday it aims to generate 50 trillion won (US$41.3 billion) in sales by 2030 from hydrogen energy, battery materials and plastic recycling as it seeks to make inroads into green businesses amid the industrywide transition to sustainable growth. The ambitious goal unveiled by the petrochemical [...]
CHUNGJU, March 23 (Korea Bizwire) — South Korea’s first biogas hydrogen fueling station, which uses food waste to produce and supply hydrogen fuel, opened in Chungju, 147 kilometers south of Seoul, on Wednesday. The Chungju Bio-Hydrogen Refueling Station uses biogas produced at the Chungju Food Bio Energy Center to make highly concentrated, eco-friendly hydrogen with [...]
LONDON/HOUSTON/SINGAPORE, March 21 (Korea Bizwire) — Low-carbon hydrogen will play a fundamental role in transforming the energy, transportation and heavy industries sectors to achieve a net-zero economy. However, the pace at which low-carbon hydrogen production will become commercially viable varies greatly depending on technology. As energy majors, power and natural gas utilities, financiers, technology providers, [...]
SEOUL, Feb. 16 (Korea Bizwire) — Asset management companies in South Korea have released a string of exchange traded funds (ETFs) with a focus on investment in global hydrogen companies. KB Asset Management Co., an asset management arm of KB Financial Group Inc., said Tuesday that it listed the KBSTAR Global Hydrogen Economy Indxx in [...]
Bismarck, ND and Westlake Village, CA, Feb. 9 (Korea Bizwire) — Clean hydrogen infrastructure developer Bakken Energy and its partner Mitsubishi Power Americas Inc. have signed a Memorandum of Understanding with the Mandan, Hidatsa, and Arikara (MHA) Nation laying the groundwork for MHA Nation to become the natural gas supplier for the Great Plains Hydrogen [...]
SEOUL, Feb. 9 (Korea Bizwire) — The government is stepping up to mix hydrogen into town gas to reduce greenhouse gas emissions and expand the supply of hydrogen. The Ministry of Trade, Industry, and Energy joined hands with the Korea Gas Corp., Korea Institute of Energy Technology Evaluation and Planning and others to establish a [...]
SEOUL, Jan. 7 (Korea Bizwire) — Hyundai Engineering Co., a plant engineering affiliate of Hyundai Motor Group, is making forays into the high-purity hydrogen production business using ammonia, which is widely seen as a next-generation eco-friendly raw material. The company said Thursday that it had signed an investment agreement with local startup AAR to promote [...]
SEOUL, Dec. 23 (Korea Bizwire) — A trial run of hydrogen-powered heavy duty trucks kicked off Thursday as part of South Korea’s broader efforts for a shift to eco-friendly vehicles in line with the carbon emission cut initiative. Five 11-ton fuel cell trucks, including Hyundai Motor Co’s Xcient, will run on roads in the Seoul [...]