Hanwha Aerospace (KRX:012450) has received type approval for hydrogen batteries for ships from the Korean Register classification society, according to a Tuesday statement.
The approved hydrogen fuel battery system has an energy efficiency of above 50% even with a rated output of 200 kW.
The approval means that a product aligns with international maritime technical standards and class regulations, allowing the hydrogen fuel cells to be installed on marine structures.
The company passed the examination for the manufacturing process and quality management system and also took a marine environment test on factors such as vibration and slope.
The company has been developing a hydrogen fuel battery system for ships since 2024.
The company is the first one to obtain such approval in Korea and the fifth worldwide.
Shares of Hanwha Aerospace rose more than 3% in recent trade.
Comments