Doosan Fuel Cell wins $73 mn hydrogen fuel cell contract

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Doosan Fuel Cell wins $73 mn hydrogen fuel cell contract - Korea Economic Daily

Quick Summary:

In December last year, Doosan Fuel Cell signed a separate deal with UH Energy, valued at 140 billion won to supply more than 100 units of its 400-kilowatt (kW) hydrogen fuel cells.

South Korea's Doosan Fuel Cell has secured a 100 billion won ($72.93 million) contract for the maintenance of hydrogen fuel cells, the company said on Monday.

Doosan Fuel Cell expects further improvement in its performance as the hydrogen fuel cell contracts signed last year begin to be recognized as revenue in the second half of this year.