BUSAN < invest Korea

According to Yonhap News,

Pusan National University, Korea Institute of Materials Science (KIMS), and Hyundai Heavy Industries Engine & Machinery Division signed an MOU for 'Green Hydrogen Production and Eco-Friendly Technology Joint Development' on September 6.

Participating organizations plan to jointly develop key technologies in the fields of green hydrogen production, engines for eco-friendly ships, cryogenic equipment, localization of sensors and engine control software, and nurture excellent researchers.

Pusan National University plans to develop original technology of high-efficiency and low-cost catalyst that surpasses Europe based on electrode catalyst technology, which is the core technology of the water electrolysis system.

Hyundai Heavy Industries Group announced its plan to establish a hydrogen value chain by 2030, and the Engine&Machinery Division is to lead the demonstration and commercialization of the MW-grade green hydrogen production system.

 The KIMS will be responsible for commercialization technology and demonstration based on the developed electrode catalyst.

ccho@yna.co.kr

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Source:Yonhap News (September 6, 2021)