International distribution of domestic hydrogen production technology in Daigas Group and Hyundai Rotem Company

International distribution of domestic hydrogen production technology in Daigas Group and Hyundai Rotem Company


OSAKA, Japan, August 04, 2022–(BUSINESS WIRE)–Daigas Gas and Power Solution Co., Ltd. (“DGPS”), a wholly owned subsidiary of Osaka Gas Co., Ltd. (TOKYO: 9532), has established an expanded commercial partnership for on-site hydrogen generator technology with Hyundai Rotem Company (“HRC”), a subsidiary of Hyundai Motor Group, which allows HRC to sell generators outside of South Korea.

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HYSERVE-300 (Photo: Business Wire)

Daigas Group (formerly Osaka Gas Group) launched the first on-site hydrogen generator model “HYSERVE” (*1) in 2003, passing on his accumulated knowledge in the recipe. DGPS launched a new model “HYSERVE-300” capable of producing 300 Nm of hydrogen per hour.3 in 2013. DGPS, as the manufacturer of the HYSERVE-300, sold the units mainly to hydrogen filling stations.

Then, in 2019, DGPS entrusted HRC with the production and sale of the “Hy-Green” hydrogen generator from HYSERVE-300 technology, allowing HRC to meet the growing demand for hydrogen filling stations in South Korea. .

After confirming the successful launch of Hy-Green by HRC, DGPS decided to take its HYSERVE technology internationally, enabling HRC to sell Hy-Green outside of South Korea. DGPS believes that this will contribute to the rapid construction of a distributed hydrogen supply infrastructure, which is essential for the decarbonisation of the transport sector.

Hy-Green will be sold by HRC to local hydrogen filling stations for various hydrogen applications (cars, buses, trucks, construction equipment, trains, ships, drones etc.), fuel cell power plants and equipment . hydrogen production) to expand the hydrogen supply chain.

HRC has already built mass production capacity for Hy-Green and is open to inquiries from around the world, including those from the Daigas Group.

The Daigas Group, including DGPS, will expand its overseas energy business from top to bottom, leveraging all of its experience in and outside of Japan and its existing overseas business platforms.

[Perfil corporativo]

Osaka Gas Co., Ltd.

Thirst:

4-1-2 Hiranocho, Chuo-ward, Osaka-city, Osaka – Japan

Representative:

Masataka Fujiwara (President and Representative Director)

Capital:

JPY 132,166,660,000

Constitution Date:

April 10, 1897

Business lines:

Distribution and distribution of natural gas; energy production and distribution etc.

Daigas Gas and Power Solution Co., Ltd.

Thirst:

3-5- 11 Doshomachi, Chuo-ward, Osaka-city, Osaka – Japan

Representative:

Masataka Fujiwara (President and Representative Director)

Capital:

JPY 100,000,000

Constitution Date:

October 1, 2019

Business lines:

Operation and maintenance of gas and power plants; energy production and distribution; and engineering

Hyundai Rotem Company

Thirst:

37, Cheoldobangmulgwan-ro, Uiwang-si, Gyeonggi-do, 16082 – Korea

Representative:

Yong-Bae, Lee (CEO)

Capital:

KRW 545,711,465,000

Constitution Date:

July 1, 1977

Business lines:

Supply of complete rail systems, supply of ground weapon systems, supply of steel, manufacturing of vehicles, supply of hydrogen infrastructure, etc.

Contact details:

Duseop Lee / duseop.lee@hyundai-rotem.co.kr / +82-10-2648-5039

The original language text of this announcement is the official authorized version. Translations are provided only for convenience and must refer to the text in the original language, which is the only version of the text that has legal effect.

See the original version on businesswire.com: https://www.businesswire.com/news/home/20220802005495/en/

contacts

Media inquiries:
Media Team, Public Relations Department, Osaka Gas Co., Ltd.
[Telefone] +81-6-6205-4515