Hygreen Energy Signs Strategic MOU with Hyundai Engineering & Construction to Supply Alkaline Electrolyzer Solution for Global Green Hydrogen Projects
Seoul – June 17, 2026 – Hygreen Energy, a global leading electrolyzer manufacturer, today announced the signing of a Memorandum of Understanding (MOU) with Hyundai Engineering & Construction Co., Ltd. (Hyundai E&C), a world-renowned EPC (engineering, procurement and construction) contractor. The partnership establishes a framework for strategic cooperation between Hygreen Energy and Hyundai E&C in exploring global hydrogen production opportunities.
Through this collaboration, Hygreen Energy is expected to contribute its alkaline electrolyzer stacks and core electrolysis equipment, while Hyundai E&C would bring its systems integration and EPC project delivery capabilities, leveraging its extensive experience in executing large-scale energy infrastructure projects worldwide. The two companies intend to collaborate closely to offer integrated, turnkey alkaline electrolysis solutions tailored to project developers' needs.
This strategic collaboration represents a significant milestone for Hygreen Energy. As a top-tier EPC player in the global energy sector, Hyundai E&C brings decades of proven project execution capabilities, with a growing portfolio in hydrogen production and supply infrastructure as a member of Hyundai Motor Group. Hygreen Energy's alkaline electrolysis technology—featuring high efficiency, robust engineering, and cost competitiveness—combined with Hyundai E&C's world-class EPC delivery capabilities, will enable both companies to compete more effectively for hydrogen projects worldwide.
"Hyundai E&C's track record in delivering complex energy infrastructure projects is world-class, and their growing commitment to hydrogen is clear.” said Alan Tan, CCO of Hygreen Energy. “As the hydrogen economy moves from pilot to commercial scale, project developers increasingly seek integrated solutions backed by proven technology and strong EPC delivery. Together with Hyundai E&C, we are ready to meet that demand."
Hyundai E&C stated: "Hygreen Energy's alkaline electrolyzer technology complements our EPC capabilities. Through this MOU, we aim to provide clients with an integrated and cost-competitive green hydrogen solution in collaboration with a reliable technology partner. We look forward to working with Hygreen Energy to support the development of large-scale hydrogen projects worldwide.
About Hygreen Energy
Hygreen Energy is a world leading electrolyzer manufacturer that offers comprehensive solutions to green hydrogen production. Specializing in Alkaline, PEM, and AEM technologies, Hygreen electrolyzers are rigorously tested, robustly built, and extensively proven with in-field usage by customers worldwide. Backed by over 19 years of experience and over 300 electrolyzer projects delivered, Hygreen Energy’s engineers are some of the world’s most experienced professionals when supporting EPCs and hydrogen project developers. By transforming the electrolyzer industry with unparalleled efficiency, safety, cost, and durability, Hygreen Energy is enabling the world’s clean energy transition by supporting the growth of green hydrogen across many industries.
Say hello to a greener future with Hygreen Energy, and visit us at www.hygreenenergy.com.
About Hyundai E&C
Hyundai Engineering & Construction Co., Ltd. (Hyundai E&C) is a global top-tier construction and EPC company headquartered in Seoul, Korea. Since its founding in 1947, the company delivers a broad range of infrastructure, building, housing, power, plant, and future environmental projects, supported by decades of project execution experience across domestic and international markets. In the energy sector, Hyundai E&C is expanding its capabilities in low-carbon and hydrogen-related infrastructure, including water electrolysis-based hydrogen production plant. Through innovation, engineering expertise, and global project delivery capabilities, Hyundai E&C continues to support the development of sustainable infrastructure and the transition to cleaner energy systems.
Source: Hygreen Energy
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