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South Korean companies leading in hydrogen technology for transportation

5. November 2020

The Hyundai Motor Group announced that it will invest a total of 6.19 billion US dollars in the development of a hydrogen industry by 2030. It will create 51,000 new jobs and produce 500,000 hydrogen vehicles. In July of this year they started the world’s first serial production of commercial vehicles with fuel cells and exported them to Switzerland. The Hyundai Rotem division has recently added hydrogen filling stations to its services. The company’s own hydrogen conversion plant in Uiwang, Gyeonggi Province, is scheduled to start operations this year. In addition, Hyundai Mobis has built a new fuel cell manufacturing plant in Chungju, North Chungcheong Province in 2018 and plans to expand annual production capacity to 40,000 units by 2022.

 

 

Another company from South Korea, the Hanwa Group, is working on the production of environmentally friendly “green” hydrogen, which is produced from renewable energies such as photovoltaics instead of oil or natural gas. To this end, the chemicals division, Hanwa Solutions, has invested 26.4 million US dollars in a plant for the production of hydrogen using the electrolysis process. The joint project between Hanwa and the German government is scheduled to start in 2023. Q Cells, a subsidiary of Hanwa, is to supply and operate the solar plants, while the Chemicals division will be responsible for the production of hydrogen, which will be stored in tanks developed in-house. Hanwa Energy has already built and commissioned a power plant in July, which will be operated with residues from the petrochemical industry that are converted into hydrogen. The costs amounted to 226 million US dollars, the plant has a capacity of 50 megawatts and can generate up to 400,000 MWh of energy annually.

 

In the city of Ulsan, Hyosung and the Linde Group are building what is currently the largest plant for the production of liquid hydrogen. The plant is scheduled to be completed in 2022 and cost 266 million US dollars. The liquid hydrogen will be used to power vehicles, drones, ships and forklift trucks. In addition, 120 filling stations for liquid hydrogen are to be built nationwide. MPR International GmbH – Korea Certification is represented by its own companies at five locations and thus completely covers the demand for certification services for the South Korean market. We offer certification services for all product areas, including KC certification for consumer products and especially electronics, KC EMC certification for electronic products and KCs certification for machinery and KCs for explosion-proof products. We are at your disposal for any questions about Korea certifications. Let us advise you free of charge!

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MPR Author

About the author: Julian Busch is founder and managing director of MPR International GmbH
Publisher: MPR International GmbH

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