August 30, 2022 | By Mary Bailey
Plug Power Inc. (Latham, N.Y.) has announced that SK E&S and SK Plug Hyverse will work with Korea Southeast Power Generation (KOEN) to cooperate with green hydrogen and green ammonia projects based on renewable energy resources at home and abroad.
SK Plug Hyverse is a joint venture (JV) formed in January of this year by SK E&S and Plug Power to pursue integrated solution businesses throughout the clean hydrogen value chain in Asia, including electolyzers. The company plans to build a ‘Giga-factory’ in Incheon, a hydrogen manufacturing facility and research center.
SK E&S signed a memorandum of understanding (MOU) with SK Plug Hyverse and KOEN regarding cooperation for carbon neutrality and the production of green hydrogen and green ammonia which will be consumed for co-firing at KOEN’s natural gas and coal based…