SK Energy Co. and Doosan Fuel Cell Inc. have come together to set up hybrid charging stations in South Korea. Their goal is to produce one ton of hydrogen from onsite power generation per day to be able to charge at least 200 hydrogen cars and 30 hydrogen trucks daily.
SK Energy confirmed on Tuesday, Nov. 22, that it has signed a memorandum of understanding (MOU) with Doosan Fuel Cell to cooperate in the said project. As stated in the agreement, they will jointly build and operate hybrid power stations, and the charging stations will generate hydrogen energy to offer an eco-friendly way of charging vehicles.
According to The Korea Economic Daily, the actual signing of the MOU took place on Monday, Nov. 21. Under the contract, it was agreed that SK Group’s energy arm would be providing high-purity hydrogen generation facilities and Doosan Fuel Cell would be the supplier and operator of its Tri-gen system that produces electricity and hydrogen to charge both electric and hydrogen vehicles.
The companies are expected to complete the checking and certification of the facilities in the first half of 2023. This needs to be done to make sure that it is capable of producing and charging 99.99% high-purity hydrogen. Once the process is finished, they will now build the onsite energy stations in strategic locations.
The stations will also be able to charge electric vehicles using the electric power generated from Doosan Fuel Cell’s Tri-gen system. There are also plans to increase the number of hydrogen charging stations in the country by 2026.
“SK Energy is speeding up its platform transformation to reinforce green energy solutions and ecofriendly mobility service at the contact points with the customers, such as the Netruck House, gas stations, charging stations, etc.,” Kang Dong Soo, SK Energy Solution and Platform Business unit’s head, said in a press release.
He added, “Through cooperative development of technologies like Tri-gen and high-purity hydrogen generation, we hope to supply green energy to the customers in optimal ways and vitalize the hydrogen economy by reducing energy loss during transmission and distribution and cutting hydrogen supply cost.”
Lee Seung Jun, Doosan Fuel Cell’s head of sales unit, also commented, “With this project at the cornerstone, Doosan Fuel Cell will continue to prepare various ways to expand the supply of Tri-gen products and establish them as one of our future cash cows.“


Kingboard Holdings Shares Surge After HK$11.77 Billion Block Trade to Expand PCB and AI Supply Chain Business
Dollar Hits One-Month High as Hawkish Fed Outlook Boosts Greenback
Italy’s Economy Outpaces Eurozone Peers as Investment Spending Fuels Growth
Meta Seeks Legal Shield From Child-Harm Lawsuits Amid KOSA Talks
Japan Inflation Stays Below BOJ Target Despite Rate Hike and Rising Energy Cost Risks
Apple Signals Product Price Hikes Amid Rising Memory Chip Costs
Carro Expands Into Australia With Acquisition of Used-Car Platform CarPlace
Canada, British Columbia Launch $5 Billion Infrastructure Partnership to Boost Housing, Transit, and Healthcare
GM and Lockheed Martin Partner to Strengthen U.S. Defense Manufacturing Capacity
Asian Stocks Advance as Nikkei Nears Record High Ahead of Fed Decision
TD Bank Expands Employee Monitoring Software to Boost Productivity Amid Privacy Concerns
US Raises Concerns Over Possible ASML EUV Machine Transfer to China
Qantas Nears Launch of World’s Longest Non-Stop Flights to London and New York
Samsung Gains Interest from BYD, Google, AMD as AI Chip Demand Strains TSMC Capacity
Japan Signals Readiness to Intervene as USD/JPY Nears 161 Amid Yen Weakness
Chinese Social Media Giant Xiaohongshu Eyes Hong Kong IPO at Over $70 Billion Valuation
Fed Chair Kevin Warsh Signals Policy Overhaul as Hawkish Rate Outlook Rattles Markets 



