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The Export-Import Bank of Korea (hereinafter referred to as Mercury) signed a ‘triple business agreement for the development and fostering of the hydrogen industry’ with the Hydrogen Convergence Alliance (H2KOREA) and the Korea Trade Insurance Corporation (hereinafter referred to as Mubo) on the 22nd.

According to the agreement, the three organizations will jointly support new hydrogen market development projects such as global hydrogen production and supply infrastructure construction. In particular, Mercury and Mubo plan to actively participate in the globalization of hydrogen companies by jointly providing finance for domestic companies to successfully advance into overseas hydrogen business.

“We expect that the business agreement between the three organizations will serve as a cornerstone for domestic hydrogen companies to advance overseas,” said Visiting Kyu, CEO of Sueun. “he said.

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Arnes Biogradlija is the founder and Editor in Chief of EnergyNews.biz, which he launched in 2021 to separate energy transition realities from fairy tales. He writes data driven analysis on hydrogen, energy storage, small modular reactors, grids and industrial policy, and leads the Energy Talks interview series. EnergyNews.biz reporting has been cited more than 100 times by the International Energy Agency.

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