Formalised with the signing of a memorandum of understanding (MoU), the expansion of liquid hydrogen production infrastructure will support the country’s aims in establishing a booming hydrogen economy.
This could see South Korea become a hotspot for hydrogen technologies and innovation.
Part of agreement will see the establishment of a Naju Energy Valley joint research institute and managing infrastructure operations, as well as establishing support for the KENTECH hydrogen drone student association.
Seo Young Kim, CEO of Hylium, said, “I am very happy to be developing and commercialising liquefied hydrogen energy technologies that will advance Korea’s hydrogen roadmap with the best scholars of the Korean Institute of Energy Technology.”
Euijoon Yoon, president of KENTECH, said, “We will actively push for KENTECH to lead the establishment of hydrogen infrastructure in Energy Valley through a business agreement with Hylium Industries, a domestic leader in liquid hydrogen technologies.”
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