Le Lézard
Classified in: Oil industry, Environment, Science and technology, Business
Subjects: CON, CXP

HyAxiom Extends Global Reach into Australian Market


Statement of Cooperation Signed with the South Australian Government

EAST HARTFORD, Conn., Feb. 9, 2023 /PRNewswire/ -- HyAxiom, Inc., a leading global fuel cell and hydrogen solutions provider, announced today the signing of a Statement of Cooperation with Doosan Fuel Cell Co., Ltd. (DFCC) and the South Australian government to accelerate the green hydrogen industry.

The signing ceremony took place at the Four Seasons Hotel in Seoul, Korea and was attended virtually by Jeff Hyungrak Chung, CEO, of HyAxiom and, in person, by Hooseok Che, COO, DFCC and Sam Crafter, CEO, Office of Hydrogen Power South Australia on behalf of the Government of South Australia. 

Through the contemplated cooperation, HyAxiom, DFCC and the South Australia government intend to exchange equipment and expertise to produce eco-friendly hydrogen and derivatives, to establish strategies and partnerships to secure global competitiveness in hydrogen exports, to secure research partnerships and projects to accelerate future decarbonization, and to develop Australian markets by building infrastructure for green hydrogen supply and utilization.

"We embrace this opportunity to help South Australia develop the green hydrogen industry as a part of their overall renewable energy plan. South Australia is well on its way to becoming a global leader in supplying green hydrogen and we are proud to partner with them and DFCC," said Chung.

The state's leadership in renewable energy is creating a generational shift by using hydrogen to transform not just the energy sector but the economic future of South Australia. In order to establish itself as a global eco-friendly leader, the South Australian government recently announced ambitious plans to increase the proportion of renewable energy, which is currently about 68% of total electricity production, to 100% by 2030, and is actively pushing for legislation to expand required infrastructure.

As part of that effort, the South Australian government plans to build a combined plant where 250MW electrolyzers, 200MW hydrogen power plants and fuel cells, and associated hydrogen storage facilities are co-located.

About HyAxiom

HyAxiom, Inc. is a leading global fuel cell and hydrogen solutions provider, enabling reliable, cost-competitive and carbon-free energy sources for industrial and commercial uses. Combining the legacy of UTC Power's fuel cell development and the expertise of parent Doosan Group, HyAxiom's mission is to accelerate a sustainable energy future by delivering a full spectrum of hydrogen solutions including fuel cells for both stationary and mobility applications and electrolyzers for hydrogen production. HyAxiom develops, manufactures and services PureCell®, a proprietary phosphoric acid fuel cell (PAFC). Building upon its expertise in fuel cell technology, HyAxiom is also developing next-generation clean hydrogen production technologies and additional clean fuel cell solutions for stationary and mobility applications.

Media Contact

Linda M. Colón
[email protected]
860.338.8781

SOURCE HyAxiom, Inc.


These press releases may also interest you

at 04:00
U Power Limited (the "Company" or "U Power"), a vehicle sourcing services provider with a vision to becoming a comprehensive EV battery power solution provider in China, today announced that the Company held an extraordinary general meeting of...

at 04:00
"The tourism data for Milan in 2023 reached an all-time high, and it's a success we must share among many stakeholders, both public and private, including the dense network of accommodation facilities in the city. We need virtuous examples like Hotel...

28 mar 2024
Anaergia Inc. ("Anaergia" or the "Company") , a global renewable fuels leader, is pleased to announce that, following the initiation on March 28, 2024 by Marny Investissement SA ("Marny") of a C$13.6 million wire payment and its bank confirmation of...

28 mar 2024
Anaergia Inc. ("Anaergia" or the "Company") announced today that there will be a delay in the filing of its annual information form for the year ended December 31, 2023, audited annual consolidated financial statements for the year ended December...

28 mar 2024
The opening ceremony of the Boao Forum for Asia (BFA) Annual Conference 2024 was held in Boao, south China's Hainan Province on Thursday, with China's top legislator Zhao Leji stressing China's economic potential, appealing to international investors...

28 mar 2024
Curio Legacy Ventures (Curio), a frontrunner in nuclear technology innovation, proudly announces a strategic partnership with Navarro Research and Engineering, Inc. (Navarro). This collaboration signals a significant step forward in advancing nuclear...



News published on and distributed by: