Doosan Fuel Cell has today (18th March) announced a Memorandum of Understanding (MoU) with Korea Shipbuilding and Offshore Engineering to jointly develop a megawatt class solid oxide fuel cell (SOFC) system for eco-friendly marine propulsion and power generation.
The system will be based on Ceres Power Holdings’ proprietary SOFC stack technology and will aim to provide cleaner power for ships.
In October 2020, Doosan and Ceres announced a strategic collaboration and commitment to build a 50MW mass manufacturing facility for Ceres’ fuel cell stacks in South Korea.
Doosan will design and manufacture the system for ships utilising Ceres’ SOFC technology, enabling the company to evaluate stability and develop system control technology.
Marine applications could also potentially represent a significant expansion of Doosan’s future SOFC business.
Meanwhile, Korea Shipbuilding and Offshore Engineering (KSOE), a Hyundai Heavy Industries subdivision, will spearhead designing the fuel cell arrangements specific to the marine environment and developing ship-linked system control technology.
The announcement continues the expansion of Doosan’s business into the marine market and reflects the wider growth of Ceres through the company’s popular new technology.
This has seen a growth into new markets and has been a key driver of the fundraising completed this morning that totalled £181m ($252m) in new growth capital for Ceres.
With shipping currently totalling for over 2% of global greenhouse gas emissions; SOFC is reported to be one of the most promising clean energy technologies to support the 50% reduction in emissions by 2050.