To develop a hydrogen fuel cell package for mobile power generation, Hyundai Motor Company has signed a Memorandum of Understanding (MoU) with the leading electrical equipment manufacturer and energy solution provider Hyundai Electric & Energy Systems.
The MoU signing that took place online was participated by Saehoon Kim, Head, Hyundai Motor Group Fuel Cell Center, and Seok Cho, President & CEO, Hyundai Electric.
The association combines Hyundai Motor's decades-long fuel cell experience and Hyundai Electric's power equipment expertise. Accordingly, the two companies will develop a hydrogen fuel cell package dedicated to mobile power generators and alternative maritime power (AMP) supply solutions, based on Hyundai Motor's polymer electrolyte membrane fuel cell (PEMFC) system that is used in Hyundai Motor's fuel cell vehicles.
The new fuel cell-based package system is expected to be a game-changer in the mobile generator market, currently dominated by diesel generators. Environmentally friendly, distributed power solutions like the one planned can address carbon-neutral electric needs in various industrial sectors such as port facilities, construction sites and industrial complexes.
Based on the agreement, Hyundai Motor will supply PEMFC fuel cell systems and offer technical support, while Hyundai Electric will develop and commercialise a fuel cell-based power generation package that includes mobile generators and AMP supply systems.
Hyundai Electric will also explore various business models for marketing the new package in Korea and abroad.