Bloom Energy has signed agreements to deliver its solid oxide fuel cells (SOFC) to three different locations, including what it describes as the “largest” single-site SOFC installation in South Korea.
Deals were inked with SK Eternix (South Korea), Taiwan’s Quanta Computer and FPM Development in Los Angeles, the US, on November 7. The 80MW project being developed in partnership with SK Eternix will use Bloom fuel cells to power two eco parks in the North Chungcheong Province.
The project finance, led by Korea Development Bank, marks the “largest project financing for fuel cells in the history of South Korea.” The initiative is scheduled to begin commercial operations in 2025.
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