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Mercury, Mobo, and H2 Korea in hydrogen market development project

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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.

Arnes Biogradlija
Creative Content Director at EnergyNews.Biz

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