Nikkiso Clean Energy & Industrial Gases Group to Establish Liquid Hydrogen Stations in South Korea
Key Ideas
  • Nikkiso Clean Energy & Industrial Gases Group secures contracts to construct and maintain 24 liquid hydrogen stations in South Korea, with several stations already operational for fueling buses.
  • The contract was awarded by SK Plug Hyverse, a joint venture focusing on the hydrogen value chain in the Asian market, formed by Plug Power and SK E&S.
  • South Korea's updated hydrogen policies aim to have 30,000 hydrogen-powered commercial vehicles and 70 liquid hydrogen fuelling stations by 2030, increasing hydrogen's share in the nation's energy mix to 7.1% by 2036.
  • Nikkiso's long-standing expertise in manufacturing alternative fueling stations and its vertically integrated systems make it a key player in the hydrogen infrastructure development in South Korea and globally.
Nikkiso Clean Energy & Industrial Gases Group, through its subsidiary CE&IG, has secured contracts to build and operate approximately 24 liquid hydrogen stations in South Korea. These stations have already started fueling buses successfully, with plans to have all sites operational within the next year. The contracts were awarded by SK Plug Hyverse, a partnership between Plug Power and SK E&S, focusing on the hydrogen value chain in Asia. Peter Wagner, CEO of Nikkiso, praised the partnership with SK Plug Hyverse as instrumental in their South Korean endeavors. Nikkiso has a long history of manufacturing alternative fueling stations, including hydrogen and LNG refueling stations, across Europe, the Americas, and Asia. The company's President of Fueling & Solutions highlighted Nikkiso's vertically integrated system encompassing various components crucial for fueling stations, from liquification systems to maintenance services. South Korea's ambitious hydrogen goals include producing 30,000 hydrogen-powered commercial vehicles and establishing 70 liquid hydrogen fuelling stations by 2030, aiming for hydrogen to account for 7.1% of the nation's energy mix by 2036. This partnership and expansion in South Korea align with Nikkiso's commitment to advancing hydrogen infrastructure worldwide.
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