Tag: south korea hydrogen fuel

FuelCell Energy to deliver fuel cells to new project in South Korea

Stephen Vagus
Hydrogen Fuel Cells - Image of City in South Korea

Companies come together to develop new power plants in South Korea FuelCell Energy, a leading developer of hydrogen fuel cells, has announced that it has entered into a new partnership with Korea Southern Power Company. Together, the two companies will develop new power plants equipped with fuel cells. These power plants will generate both electricity and thermal energy. Construction on the new power plants is expected to begin later this year, with the first facility becoming operational at some point in 2018. New energy systems will be delivered later this…

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Hydrogen fuel cells to power new facility being developed by Daesan Green Energy

Stephen Vagus
Hydrogen Fuel Cells - Image of Power Plant

Joint venture seeks to use hydrogen fuel cells to generate electricity at power plant A new hydrogen fuel cell power plant is set to take form in South Korea’s South Chungcheong Province. The project is being developed by Daesan Green Energy, a joint venture formed by Hanwha Energy, Korea East-West Power, Doosan, and SK Securities. Daesan Green Energy will be responsible for the construction and operation of the new power plant, which will rely on fuel cells in order to generate electricity. More than $200 million has been committed to…

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New fuel cell power plant opens in Busan, South Korea

John Max
New Fuel Cell Power Plant to open in South Korea- - South Korean Flag

Busan Green Energy announces the opening of new power plant South Korea’s Busan Green Energy, a company formed through a collaboration of several other organizations, has announced that it will be opening a new fuel cell power plant. The facility was in development earlier this year, with construction being completed over the summer. The project has received support from the Busan Metropolitan City Government, Korea Hydro and Nuclear Power Company, Busan City Gas, and Samsung C&T. These companies came together to form Busan Green Energy in order to promote the…

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South Korea continues to show support for hydrogen fuel cells with new power plant

Erin Kilgore
Hydrogen Fuel Cells Support from South Korea

Construction on new power plant has been completed by Doosan The Doosan Corporation has completed construction on South Korea’s largest fuel cell power plant. According to Doosan, construction on the power plant cost approximately $36 million. The new power plant will be equipped with hydrogen fuel cells in order to generate electrical power for various purposes. Doosan notes that the new power plant will allow it to respond to market demands concerning hydrogen fuel cells and the clean power they can produce at any given moment. Hydrogen fuel cells continue…

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Hyundai to launch new pilot project focused on fuel cell vehicles

Jake Banks

Hyundai will be introducing a new car-sharing and taxi service South Korean automaker Hyundai has announced that it will launch a new pilot project that will take place in South Gyeongsang and South Jeolla. The project is part of Hyundai’s ongoing efforts to promote clean transportation, particularly vehicles equipped with hydrogen fuel cells. The project involves a car-sharing service that focuses on fuel cell vehicles. Hyundai will also be launching hydrogen-powered taxis, which will be available in Ulsan, South Gyeongsang. Fuel cell vehicles are gaining more attention from Hyundai Hyundai’s…

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South Chungcheong becomes production hub for fuel cell vehicles

Bret Williams

Province declared hub of production hub for parts to be used in electric vehicles The South Korean province of South Chungcheong has been declared the country’s hub for the production of fuel cell vehicle parts. The province has successfully passed a government feasibility assessment, which has established it as a major production entity that will provide strong support for clean vehicles in the future. New facilities will be built to accommodate the demand for components needed to build fuel cell vehicles. These facilities are expected to provide the province with…

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South Korean government to support the adoption of fuel cell vehicles

Angie Bergenson

New tax benefit aims to incentivize the purchase of clean vehicles The South Korean government has announced that it will be providing new tax incentives to promote the adoption of fuel cell vehicles. The country has become heavily interested in clean transportation and wants to ensure that more people gain access to environmentally friendly vehicles. The government is also making revisions to its tax laws to better support competition among businesses interested involved in renewable energy. This revision is expected to increase the attractiveness of clean power systems in many…

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South Korea works to make hydrogen fuel cells more attractive

Erin Kilgore

Demand for fuel cell vehicles is skyrocketing throughout South Korea, thanks to companies like Hyundai The demand for fuel cell vehicles has been growing quickly in South Korea, where one of the world’s leading automakers, Hyundai, offers such vehicles. Now, South Korean government is beginning to focus on making these vehicles more affordable, thereby making them more accessible to consumers interested in clean transportation. The government is also working on bolstering the country’s hydrogen fuel infrastructure, which is needed in order for fuel cell vehicles to find continued success in…

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South Korea reveals plans to support clean transportation

Stephen Vagus

Clean transportation is gaining more support from the South Korean government South Korea has revealed a new five-year plan that aims to dramatically increase the number of clean vehicles on the roads. The government intends to ensure that more electric vehicles and hybrids are made available to consumers throughout the country. The plan comes as a response to the growing scrutiny being placed on the auto industry, which is beginning to feel pressure to comply with increasingly strict emissions regulations that are being adopted by many of the world’s governments.…

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FuelCell Energy finalizes sale of 5.6 MW of hydrogen fuel cell modules

Alicia Moore

POSCO Energy to receive fuel cell modules from FuelCell Energy FuelCell Energy, a leading developer of hydrogen fuel cells, has announced that it has finalized a sale of 5.6 megawatts of fuel cell modules to POSCO Energy, its partner in South Korea. The fuel cells are meant to be produced at a facility in South Korea, which is operated by POSCO Energy. Both companies are working together to expand the local manufacturing of fuel cell components, which will make fuel cell technology less expensive in the country. Hydrogen fuel continues…

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Largest hydrogen fuel cell power plant is located in South Korea

Stephen Vagus

World’s largest fuel cell power plant is only an hour away from Seoul South Korea is home to the world’s largest fuel cell power plant. The power plant is located near Seoul and exists as a very prominent energy resource for the country. The Gyeunggi Green Energy power plant is designed to showcase the capabilities of hydrogen fuel cells, as well as provide South Korea with a way to distance itself from fossil-fuels and embrace renewable energy more aggressively. Fuel cell power plant generates 440 million kilowatt-hours of energy a…

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Hydrogen fuel cells are taking off in South Korea

Stephen Vagus

Clean transportations thrusts fuel cells into the limelight South Korea is looking to make clean transportation commercially viable. The country aims to have some 1,000 fuel cell vehicles on the road by 2020 and will be investing in the infrastructure hydrogen fuel infrastructure needed to support these vehicles. Last year, Hyundai released a fuel cell vehicle, which became one of the first fuel cell vehicles that was available in the commercial market. The launch of the vehicle put a spotlight on hydrogen fuel cells and their potential uses in various…

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South Korea seeks to popularize fuel cell vehicles

Bret Williams

Ministry of Environment commissions more research into fuel cell vehicles and hydrogen fuel South Korea’s Ministry of Environment has commissioned research regarding the popularization of fuel cell vehicles and a hydrogen fuel infrastructure. The government is looking to adopt a long-term plan concerning clean transportation and has a strong interest in fuel cell vehicles. This plan could be introduced in July of this year, after research into the popularization of hydrogen fuel is finished. This research will help the South Korean government understand how fuel cell vehicles can be made…

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Hyundai launches fund to support hydrogen fuel cells

Angie Bergenson

Automakers initiates new fund that is meant to support fuel cells South Korean automaker Hyundai has launched a $163.9 million fund that is meant to support the development of new technologies and business practices in the transportation sector. The fund is meant to support the growing use of hydrogen fuel cells, which have become somewhat popular in the auto industry. Several automakers are beginning to use fuel cells to develop a new generation of vehicles that produce no harmful emissions. Fuel cells are often considered better than batteries because of…

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World’s largest hydrogen fuel cell system being built in South Korea

Alicia Moore

POSCO Energy has plans to build a large-scale fuel cell power plant in the coming years POSCO Energy, one of the largest private energy producers in South Korea, is planning to build the world’s largest hydrogen fuel cell systems. The fuel cell park is located in the city of Pyeongtaek and boasts of a maximum energy capacity of 360 megawatts. POSCO has made investment agreements with Doosan, Korea Gas Corporation, Korea Investment & Securities, and two other organizations. Per the agreement, these organizations will be investing $1.9 billion into the…

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Research team develops new hydrogen fuel production technology

John Max

South Korean researchers develop new technology that can produce hydrogen fuel A team of researchers from the Seoul National University have developed new technology to mass produce hydrogen fuel. According to the South Korean Ministry of Science, ICT, and Future Planning, this technology could mark the beginning of a new generation of renewable energy. The technology is meant to produce hydrogen using little more than water and sunlight in a process that mimics photosynthesis. If this technology can be commercialized, it may have major implications for clean energy throughout the…

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