Woodside joins South Korea drive for hydrogen vehicles
SEOUL, September 10, 2021 – Woodside Petroleum has joined a consortium called HyStation to supply hydrogen fuel for South Korea’s public bus network, the Australian energy company announced on Friday.
The initiative plans to transition South Korea’s public bus fleet from diesel to hydrogen through the construction of hydrogen refuelling stations.
The company will partner with state-run Korea Gas Corporation, Samsung C&T Corporation, Hyundai Rotem, Industrial Bank of Korea and Hydrogenic Energy Fund, the latter of which Hyundai Motor Company owns a majority share in.
Financial support for the endeavour will be provided by Korea Development Bank.