BISMARCK, ND, Nov. 02, 2022 (GLOBE NEWSWIRE) — Bakken Energy, an innovative developer of affordable, large-scale, clean hydrogen, announces that Hyosung, a South Korean leader in hydrogen development, has joined Bakken Energy as a strategic investor is.
Hyosung has recently become known for advanced technologies related to hydrogen vehicles, such as: B. Carbon fiber for fuel tanks and hydrogen charging stations. Hyosung is engaged in various fields including chemical industry, industrial machinery, IT, trade and construction. Founded in 1966, Hyosung is a large, family-owned South Korean industrial conglomerate.
“Hyosung believes that hydrogen is critical to decarbonizing heavy industrial sectors, and we are committed to activating the hydrogen economy by investing in innovators like Bakken Energy,” said Hyun-joon Cho, chairman of Hyosung. “Supporting the development of large-scale, low-cost production of clean hydrogen is a necessary part of promoting hydrogen use around the world.”
“Bakken Energy is honored to welcome Hyosung as an investor,” said Steve Lebow, Founder and Chairman of Bakken Energy. “South Korea is leading the way in bringing hydrogen into the mainstream of its mobility market and Hyosung is a big reason for that. With Hyosung on our team, Bakken Energy is stronger than ever and we couldn’t be happier.”
“Hyosung thinks and acts big when it comes to hydrogen, as demonstrated by their decision to build the world’s largest liquid hydrogen facility,” said Mike Hopkins, CEO of…
