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(Seoul=Yonhap Infomax) Dong Il Joo – GS Engineering & Construction Co. (GS E&C) is laying the groundwork to enter the hydrogen business by partnering with a leading US water electrolysis technology company.
GS E&C announced on the 24th that it has signed an agreement with Evoloh to jointly develop a hydrogen plant package based on anion exchange membrane (AEM) water electrolysis technology, with full-scale development set to begin at the end of this month.
Anion exchange membrane technology uses a polymer membrane to electrolyze water and produce hydrogen. It is considered a next-generation electrolysis method, as it enables the production of high-purity hydrogen using cost-effective catalysts.
Evoloh possesses core manufacturing technology for AEM-based electrolysis stacks.
GS E&C expects to leverage this technology to significantly reduce both stack manufacturing and plant operation costs.
By combining its extensive experience in engineering, procurement, and construction (EPC) projects both in South Korea and overseas, GS E&C aims to develop a hydrogen production plant package with a capacity of several hundred megawatts, featuring both economic efficiency and safety. The company sees this as a major step toward expanding into the eco-friendly energy sector.
Earlier in April, GS E&C and Evoloh signed a broad memorandum of understanding covering basic design packages (BDP), front-end engineering design (FEED), and EPC collaboration.
diju@yna.co.kr
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