Hydrogen fuel cell maker Plug Power to expand operations with SK Group
17:54 | 05/05/2021
Hydrogen fuel cell maker Plug Power, the leading provider of comprehensive hydrogen fuel cell turnkey solutions, is signalling interest in potential markets, including Vietnam, South Korea, and China through a joint venture with SK Group.
Hydrogen fuel cell maker Plug Power will expand its operation in Vietnam, South Korea, and China through a joint venture with SK Group
US-based Plug Power is planning to co-operate with South Korean behemoth SK Group through a joint venture to expand to these countries.
According to
Nikkei Asia, the two sides will set up a factory in South Korea by 2023 to produce fuel cells and electrolysers that extract "green hydrogen" from water using renewable energy.