Hanhyewon and SK Construction Join Hands for Cooperation in Hydrogen and Renewable Energy Projects

[Sejong=Asia Economy Reporter Kwon Haeyoung] Korea Hydro & Nuclear Power announced on the 12th that it has signed a 'Hydrogen and Renewable Energy Convergence Business Cooperation Enhancement Memorandum of Understanding (MOU)' with SK Engineering & Construction to revitalize the hydrogen industry.

According to the agreement, the two organizations will cooperate on ▲ development and promotion of energy self-sufficient and RE100 projects ▲ demonstration and commercialization of green hydrogen production based on water electrolysis technology (SOEC) ▲ overseas expansion of convergence businesses based on fuel cells (SOFC).

Through this agreement, KHNP and SK Engineering & Construction will supply high-efficiency renewable energy to the Changwon Industrial Complex, the first domestic RE100 demonstration pilot project site, and apply an optimal energy management system. This will enable the construction and operation of an eco-friendly, low-carbon industrial complex capable of energy self-sufficiency. Both parties also agreed to continue cooperating on subsequent energy convergence projects such as smart green industrial complexes.

Jung Jae-hoon, President of KHNP, stated, "We will strive to play a leading role in the Green New Deal and carbon neutrality policies by discovering and demonstrating successful business models for hydrogen and renewable energy-based RE100 green industrial complex projects."

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