Amogy, a provider of ammonia-to-power solutions, has expanded its operations into South Korea by opening an office in Pangyo Techno Valley. This strategic move brings Amogy closer to key investors like SK Innovation, Samsung Heavy Industries, and others in South Korea, a country known for its early adoption of clean technologies like ammonia and hydrogen fuel. The decision to establish a local presence in South Korea was driven by the country's robust national policies supporting the clean tech economy. South Korea, having held the world's first auction for electricity generation using hydrogen and ammonia under the CHPS standard, is a frontrunner in advancing grid stability through the DEA. With a goal to commercialize ammonia-fueled power generation by 2030, South Korea is a significant market for Amogy's energy solutions. The new office in Pangyo will be headed by Dr. Stone Zhang, who brings a wealth of experience in maritime and energy sectors. Amogy's collaboration with leading innovators in South Korea aims to develop ammonia-fueled solutions for power generation and maritime applications, aligning with the country's target to generate a percentage of electricity from hydrogen and ammonia by 2030. Amogy recently completed a successful demonstration of its technology with a carbon-free, ammonia-powered maritime vessel and secured $56 million in venture financing to propel its mission of decarbonizing sectors like global shipping and power generation.