Doosan Enerbility-E1, Join Hands for Clean Hydrogen and Ammonia Business Cooperation

Park In-won, Head of Doosan Enerbility Plant EPC BG (right), is taking a commemorative photo on the 24th at Doosan Tower in Bundang, Gyeonggi-do, after signing an agreement with Koo Dong-hwi, CEO of E1 New Growth Business Division, on cooperation for the introduction and utilization of clean hydrogen and ammonia.

[Asia Economy Reporter Oh Hyung-gil] Doosan Enerbility and E1 have joined hands to collaborate on the clean hydrogen business.

On the 24th, the two companies signed a memorandum of understanding (MOU) for cooperation in the clean hydrogen and ammonia business at Bundang Doosan Tower in Seongnam-si, Gyeonggi-do. Attendees included Park In-won, Head of Plant EPC (Engineering, Procurement, and Construction) BG at Doosan Enerbility, and Koo Dong-hwi, CEO of E1's New Growth Business Division, along with other company officials.

The two companies will engage in strategic cooperation across the entire value chain of clean hydrogen and ammonia, including production, storage, transportation, and utilization, and plan to establish a consultative body to secure and promote business opportunities.

Doosan Enerbility will provide core technologies necessary for business promotion, such as hydrogen turbines that reduce carbon emissions by combusting hydrogen and natural gas mixtures, water electrolysis for hydrogen production, and cracking to extract hydrogen from ammonia. They will also prepare optimal infrastructure construction and operation support plans.

E1 will cooperate to build a supply chain by discovering hydrogen demand and exploring distribution methods for clean hydrogen and ammonia.

Park, the BG head, said, "We are honored to start collaboration with E1, an eco-friendly energy company, to advance the era of clean hydrogen and ammonia," adding, "We will make multifaceted efforts to contribute to the popularization of clean hydrogen and carbon neutrality by leveraging the technologies and infrastructure possessed by both companies."

CEO Koo stated, "Through cooperation with Doosan Enerbility, which has the best EPC capabilities in the energy and power generation sectors, we expect both companies to achieve a win-win in the hydrogen and ammonia fields," and added, "Together, we will open the era of clean hydrogen and ammonia."

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