Deals Counterparts

KEPCO and Doosan Enerbility to develop hydrogen turbine technology

Development Hydrogen Turbine announced Veldhoven, South Korea Dec 18, 2025
USD761M
Deal Value
development
Stage

KEPCO and Doosan Enerbility will jointly develop hydrogen turbine technology to support South Korea's hydrogen energy transition.

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Source Intelligence

KEY DETAILS

ASML and SK hynix to develop technology to recycle hydrogen used in extreme ultraviolet (EUV) lithography machines, which are crucial for the production of advanced chips, to reduce energy consumption and save costs.

Deal Size
jointly investing one trillion won ($761 million) in establishing an R&D center in Korea
Location
Yoon traveled to the company headquarters in Veldhoven as part of his four-day state visit to the Netherlands
Announcement
Published Dec 13, 2023
PARTIES MENTIONED IN SOURCE
A
ASML developer

"as he visited the headquarters of Dutch chipmaking equipment company ASML"

S
Samsung Electronics developer

"ASML and Samsung Electronics signed a memorandum of understanding (MOU) after the meeting on jointly investing one trillion won ($761 million) in establishing an R&D center in Korea"

S
SK hynix developer

"ASML also signed an MOU with SK hynix to develop technology to recycle hydrogen used in extreme ultraviolet (EUV) lithography machines"

medium quality Enriched Feb 19, 2026

Timeline

Announced
Dec 18, 2025
Signed
Closed

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