- South Korean shipbuilder Hyundai Heavy Industries (HHI) has partnered with nine companies.
- It includes state-run Korea National Oil Corporation (KNOC), on a green hydrogen factory project in the Sea of Japan.
- The deal will see the partners aim to set up and operate a 1.2 GW green hydrogen plant powered by a floating offshore wind farm in the Sea of Japan by 2025.
A recent news article published in the BM Global News reveals that Hyundai Heavy pursues green hydrogen project in Sea of Japan.
HHI announces its hydrogen roadmap
In March this year, HHI announced its hydrogen roadmap with a key goal to establish a hydrogen value chain from production to utilisation on land and offshore by 2030.
Korea Shipbuilding & Offshore Engineering, the holding company of South Korea’s top shipbuilder, will play a major part in this strategy by developing hydrogen-fueled ships, transport tankers and offshore fuel production plants.
South Korea unveiled a hydrogen roadmap in 2019 that outlined a goal of producing 6.2m hydrogen-fueled cars and rolling out at least 1,200 refilling stations by 2040.
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Source :BM Global News
