Search results for green hydrogen
Industry
First major R&D screening after pre-feasibility review abolition picks five projects including AI and aircraft engines
South Korea has selected five projects for the first review under a new pre-screening system for large research and development initiatives introduced after it abolished pre-feasibility reviews. The Ministry of Science and ICT said a committee chaired by Vice Minister for Science and Technology Innovation Park In-gyu (박인규) chose the projects on Thursday. The selected projects will be reviewed by an expert panel for about eight months, including on-site intensive checks.
Mobility
BMW to launch iX5 Hydrogen SUV in 2028
BMW plans to launch its hydrogen fuel cell SUV, the iX5 Hydrogen, in 2028. It unveiled the fifth-generation X5 with five powertrain plans, including a hydrogen model, but did not disclose sales markets. BMW links hydrogen vehicles to broader energy storage needs as renewable power expands. The iX5 Hydrogen stores 7 kg of hydrogen and targets up to 750 km range with refuelling in under 5 minutes, while infrastructure, costs and hydrogen’s environmental footprint remain constraints.
Industry
Samsung Electronics to reshape future industry portfolio with region-specific clusters
Samsung plans to reorganise its future industry portfolio into four regional clusters, centred on a Seoul metropolitan semiconductor hub and additional bases in Honam, Chungcheong and Yeongnam. The company said it will invest a total of 2,655 trillion won domestically to foster cutting-edge future industries. Spending includes 2,030 trillion won for the capital region’s chip cluster and 625 trillion won for AI semiconductors, robots, batteries and IT components and materials in other regions.