Hyundai Engineering and Macquarie GIG sign MOU over renewable energy projects

• 3 years ago (2021-12-24)
• David Flin

Middle East 356 Renewables 809

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Hyundai Engineering has signed an MOU with Macquarie Green Investment Group (GIG) to cooperate in developing renewable energy power generation projects. Hyundai Engineering and GIG will jointly develop renewable power generation projects, including wind, solar, fuel cell and hydrogen power projects.

Hyundai Engineering will support business development related to renewable energy power generation, make equity investment and implement EPC work. GIG will focus on renewable energy business development, equity investment, and business management.

Hyundai Engineering has recently established its Eco-Energy Business Office to accelerate the expansion of its solar, offshore wind, and fuel cell power generation business.