In South Korea, AJP News Agency reported that Ulsan City had signed an agreement with Deokyang Energen, a fuel gas and pipeline company, to build a hydrogen production and distribution center.
Under the memorandum of understanding, Deokyang Energen will invest $15.9 million, to construct the facility by October 2026 in Hwangseong-dong, within the Ulsan Mipo National Industrial Complex.
The report noted that the project will include a production plant capable of generating 2,400 cubic meters of hydrogen an hour — enough, officials said, to simultaneously refuel about 10 hydrogen-powered buses.
Mayor Kim Du-gyeom, said: “This agreement represents an opportunity for Ulsan to advance further as a leading city in the hydrogen economy,” he said, adding that the city would expand its supply infrastructure to foster growth and create jobs.
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