HD Korea Shipbuilding & Offshore Engineering bets 33 billion won on hydrogen subsidiary…second-half mass production at a 'turning point'

HD Korea Shipbuilding & Offshore Engineering will take part in another 18 billion won rights offering for hydrogen subsidiary HD Hydrogen.

The company had already invested 15 billion won last year, bringing total support to 33 billion won.

HD Hydrogen remains pre-revenue and posted a wider operating loss last year, underscoring early commercialization risk.

The funding is aimed at expanding production capacity and advancing SOFC and SOEC toward mass production and commercial use.