Hyundai E&C and South Australia Forge Partnership for Green Energy and Infrastructure
Key Ideas
- A Memorandum of Understanding (MoU) has been signed between South Australia and Hyundai E&C to collaborate in renewables, hydrogen, housing, and infrastructure.
- Hyundai E&C, a global construction and engineering giant, brings expertise in various sectors including renewables, hydrogen, and infrastructure projects.
- The partnership aims to drive future investment projects, job creation, and support South Australia's transition to 100% net renewables by 2027 and 50% net greenhouse gas emissions reduction by 2030.
- Hyundai E&C's capabilities in renewables, hydrogen, infrastructure, and housing align with South Australia's goals, opening doors for further collaboration and projects.
A Memorandum of Understanding (MoU) between the South Australian Government and Hyundai Engineering and Construction (Hyundai E&C) has been signed to foster significant collaboration in renewables, hydrogen, housing, and infrastructure. Hyundai E&C, a renowned global construction and engineering firm, with expertise in various sectors, was chosen as a strategic partner by South Australia. The collaboration aims to drive investment projects, job creation, and support South Australia's ambitious transition to 100% net renewables by 2027 and a 50% reduction in net greenhouse gas emissions by 2030. Hyundai E&C's diverse capabilities in renewables, hydrogen, infrastructure, and housing align well with South Australia's renewable energy goals, opening doors for further joint projects. This partnership signifies a positive step towards a greener and more sustainable future for South Australia, emphasizing the state's commitment to decarbonizing industry and the economy while attracting global players like Hyundai E&C for mutual growth.