• Oli Capital

Hyosung to invest $835 million on largest green hydrogen project in Korea


Image Source: Hyosung Group


Hyosung Group, South Korea’s textile and chemical conglomerate, signed a MOU to build the largest green hydrogen production base in Korea. Hyosung plans to invest 1 trillion won ($835 million) to build 10-megawatt electrolysis facilities that will produce 200,000 tons of green hydrogen annually.


Reference:

https://pulsenews.co.kr/view.php?sc=30800028&year=2022&no=74293


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