Bloom Energy reveals strategy for hydrogen market entry

Bloom Energy today revealed its intention to enter the commercial hydrogen market by introducing hydrogen-powered fuel cells and electrolysers that produce renewable hydrogen.

The California-based company said these products will be first introduced to the South Korean market in 2021 through an expanded partnership with SK Engineering and Construction (SK E&C), an affiliate of SK Group.

Bloom’s technologies are critical in enabling South Korea to execute on its government-mandated Hydrogen Economy Roadmap.

Bloom’s existing partnership with SK E&C has already sold 120 megawatts (MW) of fuel cells in South Korea, generating over $1bn in equipment and future services revenue for Bloom.

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