As part of the collaboration, French-based Elogen will supply its proton exchange membrane (PEM) electrolysers, to the Korean Valmax, who will assemble and operate the electrolysers.

Valmax will work with local certification companies such as the Korea Gas Safety Corporation to seek approval and implementation of the technology.

Jean-Baptiste Choimet, Managing Director of Elogen, commented, “With this new partnership, Elogen will contribute to the development of the green hydrogen market in Korea.

“Korea is one of the most active countries in the world for hydrogen developments, with a strong political support as showcased in the Hydrogen Economy Roadmap and Zero-Carbon ambitions.

“Thanks to its unique technology, Elogen has the ambition to contribute significantly to the numerous projects linked to clean mobility and industry in the country.”

In January 2019, the Korean Government announced its Hydrogen Economy Roadmap, which aims to see 79,000 hydrogen fuel cell cars on its roads by 2022 and 5.9m by 2040.

Park Dong Yeol, CEO of Valmax Technology Corporation, said, “We are honored to be able to play an important role in the development of green hydrogen in Korea thanks to this collaboration with Elogen.

“In the context of the rapid development of green hydrogen worldwide and the implementation of the Zero-Carbon 2050 objective, the partnership between Valmax and Elogen will contribute to this mission in Korea.”