Press release: Nel joins HyNet - Aiming to establish 100 hydrogen fueling stations in South Korea by 2022
(Oslo, 1 March 2019) Nel Korea Co., Ltd., a subsidiary of Nel ASA has co-signed an agreement for the establishment of Hydrogen Energy Network (HyNet), a new Special Purpose Company (SPC) and a joint venture (JV) between thirteen leading industrial companies. The target of HyNet is to expand the hydrogen fueling infrastructure in South Korea by installing 100 stations by 2022 and to operate them until 2029. “We are excited to see the South Korean market moving ahead with hydrogen mobility. Nel sees significant opportunities in South Korea and is looking forward join forces with other key