Hanyang Signs Business Agreement with Seobu Power and GS Energy to Promote Hydrogen and Ammonia Projects
[Asia Economy Reporter Hwang Seoyul] Hanyang announced on the 30th that it signed a "Hydrogen and Ammonia Business Promotion Agreement for Achieving Carbon Neutrality in the Yeosu-Gwangyang Bay Area" with Korea Western Power and GS Energy at Hanyang Tower in Munjeong-dong, Songpa-gu, Seoul.
The signing ceremony was attended by each company's officials, including Ahn Young-hoon, Vice President of Hanyang, Seo Yong-beom, Vice President of Western Power, and Kim Sung-won, Vice President of GS Energy.
Through this agreement, the companies agreed to cooperate in establishing a hydrogen-based clean energy value chain by providing business sites for the development of hydrogen and ammonia production, import, and storage technologies in Myodo, Yeosu-si, Jeollanam-do.
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Vice President Ahn said, "This agreement has created an opportunity to expand our business area into the hydrogen energy sector by utilizing LNG infrastructure."
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