Visiting Gyuyoon Suh, President of Su-eun Bank, Visits Hydrogen Fuel Cell Power Plant... "Will Support Hydrogen Ecosystem Development"

Visit to Daesan Green Energy Fuel Cell Power Plant

Visiting Kyu Bang, President of the Export-Import Bank (right in the photo), visited Daesan Green Energy located in Seosan-si, Chungnam, on the afternoon of the 26th to support the hydrogen energy sector, a future innovation growth engine. The photo shows President Bang touring the site with Youngwook Kim, CEO of Daesan Green Energy (left). Photo by Bang.

[Asia Economy Reporter Park Sun-mi] Bang Moon-kyu, President of the Korea Eximbank, visited a hydrogen fuel cell power plant site and expressed his commitment to actively support the development of the hydrogen ecosystem.

According to Eximbank on the 27th, President Bang visited Daesan Green Energy located in Seosan City, Chungcheongnam-do, the previous afternoon. Daesan Green Energy is the world's first hydrogen fuel cell power plant utilizing by-product hydrogen, built on a 20,000㎡ site with a total investment of approximately 250 billion KRW, producing 400,000 MWh of electricity annually since June 2020. The largest shareholder of Daesan Green Energy is Hanwha Energy, holding 49% of the shares.

Fuel cell power generation is an eco-friendly power generation method that emits no environmental pollutants such as greenhouse gases, sulfur oxides, or nitrogen oxides, producing only pure water as a by-product.

Jung In-seop, CEO of Hanwha Energy, told President Bang during his visit to Daesan Green Energy, “As competition for securing global energy resources intensifies, the demand for domestic and international power generation using renewable energy sources such as hydrogen and solar power is expected to increase.” He added, “For the development and construction of power plants domestically and abroad, strengthening competitiveness, continuous technological development, and facility investment, financial support from Eximbank is a great help.”

Eximbank plans to supply 21.4 trillion KRW over the next 10 years to the renewable energy industry including solar, wind, and hydrogen to promote the globalization of the K-New Deal. President Bang responded, “As major countries have entered the competition to establish a global hydrogen economy ecosystem, we will actively support the businesses needed by related companies to foster Korea’s hydrogen industry in the future.”

This content was produced with the assistance of AI translation services.