Government Designates 8 Additional Hydrogen Specialized Companies Including Nexplus

[Sejong=Asia Economy Reporter Kwon Haeyoung] The Ministry of Trade, Industry and Energy announced on the 13th that it has designated 8 additional companies as hydrogen-specialized companies.

The hydrogen-specialized company designation system is a system that issues a certificate if the proportion of sales related to the hydrogen business or the proportion of research and development investment meets the requirements according to the Hydrogen Act. When designated as a hydrogen-specialized company, support is provided for market development and technology commercialization, and companies can also receive customized technology and management consulting from experts.

The newly designated hydrogen-specialized companies include Nexplus, which mass-produces porous separator plates, a core component of hydrogen fuel cell vehicles; Samjung ENC, which independently developed cooling devices for hydrogen chargers; and Balmax Technology, which designs and constructs hydrogen charging stations. Accordingly, the number of hydrogen-specialized companies has increased to 19 since 11 companies were first designated in June.

The government plans to nurture 100 hydrogen-specialized companies by 2025 and 1,000 by 2040 through the 'Hydrogen Plus 1000' project.

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