Linde, Hyosung to build liquid hydrogen production plant facility in Ulsan
South Korean company Hyosung and German industrial gases group Linde have signed a partnership deal to develop a liquid hydrogen manufacturing facility project in Ulsan, South Korea that will be the largest in the world.
The two companies are set to build about 120 hydrogen recharging stations in key points across South Korea. The project is expected to generate about KRW300 billion (US$245.4 million) of investment for the setup and operation of liquid hydrogen production and the construction of the transport and recharging facilities.
The facility will be built on an area about 30,000 square meters within the site of the Hyosung Yongyeon plant and can generate up to 13,000 tonnes of liquid hydrogen per year.
The construction of the project is expected to start in the first quarter of 2021 with the start of operation by 2022.
Country updates
-
-
April 07, 2020
Equis Development acquires Jara 1 Solar Hybrid Project in South Korea
Equis Development has acquired the 22 MW Jara 1 Solar project with a 70 MWh battery storage hybrid facility in South Korea. The facility will require about US$50 million in investment.&nbs...
Read more -
February 14, 2020
GE, KEPCO complete the upgrade for the 300 MW HVDC link between South Korea mainland and Jeju Island
KAPES, a joint venture between GE Grid Solutions and Korea Electric Power Corporation (KEPCO), has completed the upgrade to the 300 MW high-voltage direct current (HVDC) link between South Korea...
Read more -
December 30, 2019
Vestas to supply turbines for 42 MW Cheongsong Myeonbong Mt Wind Power project in North Gyeongsang
Vestas has secured a V136-4.2 MW order in South Korea for the Cheongsong Myeonbong Mt Wind Power project with EPC contractor Kumho Industrial Co., Ltd. The 42 MW order consists of ten V136-4.2 MW win...
Read more -
December 13, 2019
Amscap, G8, SOWP and SDIA to co-develop 2.7 GW floating solar PV complex in the Yellow Sea
Amsterdam Capital Partners B.V. (AMSCAP), G8 Subsea Pte. Ltd., the Saemangeum Development and Investment Agency of Korea (SDIA) and Saemangeum Offshore Wind Power Ltd. (SOWP) have agreed to cooperate...
Read more -
November 19, 2019
GCL SI-Powin Joint Venture to deliver energy storage solution
GCL System Integration (GCL SI) and Powin Energy (Powin), has formed a joint venture, branded as G-Powin Energy Solution, to expand their energy storage business in the Asia-Pacific region. During th...
Read more
