On July 5 (Fri), Korea Institute of Energy Research (KIER), POSCO, and Research Institute of Industrial Science & Technology (RIST) signed a ‘tripartite agreement on R&D cooperation for green hydrogen production and low carbon technology development' at KIER headquarters in Daejeon.

Under the MoU, the three parties agreed to cooperate in areas regarding the development of water electrolysis technology for green hydrogen production, etc.