Cummins and Korea Hydro & Nuclear Power have formalized their intent to form a strategic cooperation for the purpose of green hydrogen production and consumption by signing a memorandum of understanding.
The businesses will collaborate on the domestic demonstration and commercialization of facilities for the production of green hydrogen through the use of large-scale renewable energy sources.
In addition to this, they will work together to build a business model and conduct a feasibility assessment for projects involving the generation of power based on hydrogen.
