SEOUL– According to Senior Executive Kim Dong-kwan, who is leading the corresponding strategic initiative, Hanwha Group intends to make its first foray into the market for hydrogen fuel cell vehicles. In a statement, Hanwha said that its partnership with US start-up Nikola, which specializes in fuel cell and battery vehicles, was a great success, with the company’s share price closing at a record high on Tuesday, which increased its value to $12.2 billion. Its net profit in the first quarter of this year rose to about $750 million, compared with $500 million in the same period a year ago. According to Senior Executive Kim Dong-kwan, Hanwha Group is considering making its first foray into the market for hydrogen fuel cell vehicles.
OGE, TÜV SÜD and Horváth & Partners today announced the establishment of a joint company at a press conference. The new company, evety, will pool the expertise of the three partners and offer solutions for the use of hydrogen.
APA Group welcomes the announcement of $1.1 million in funding from the Australian Renewable Energy Agency (ARENA) towards its renewable methane pilot project to be developed with partner Southern Green Gas.
On March 7, 2020, NEDO, together with Toshiba Energy Systems & Solutions Corporation, Tohoku Electric Power Co., Inc., and Iwatani Corporation, held an opening ceremony to commemorate the completion of the Fukushima Hydrogen Energy Research Field (FH2R) in advance of the start of its operations. FH2R is a renewable energy-powered 10MW-class hydrogen production unit, one of the largest in the world, located in Namie Town, Fukushima Prefecture.