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Doosan to Introduce Innovative Fuel Cell Solution for Hydrogen Power Plants

Korea Economic Daily LogoKorea Economic Daily1w ago

 Doosan to Introduce Innovative Fuel Cell Solution for Hydrogen Power Plants - Korea Economic Daily

Quick Summary:

South Korea’s Doosan Fuel Cell Co.plans to start the mass production of a new phosphoric acid fuel cell (PAFC) model, which is expected to raise power generation efficiency by 25% to cut electricity production costs, as it aims to win deals to build hydrogen power plants in the country to be ordered from July.

HYDROGEN POWER PLANT DEALSDoosan Fuel Cell aims to secure orders scheduled from July to build normal and clean hydrogen power plants in partnerships with constructors and electricity generation subsidiaries of the state-run utility Korea Electric Power Corp.

Separately, Doosan Fuel Cell plans to mass-produce a solid oxide fuel cell (SOFC), another hydrogen fuel cell, from May 2025 to expand its business from the power plant sector to the transportation industries.


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Article Details

Category: Economy

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-05-08 @ 19:44:47 (1 weeks ago)

News Timezone: GMT +8:00

News Source URL: kedglobal.com

Language: English

Article Length: 364 words

Reading Time: 3 minutes read

Sentences: 20 lines

Sentence Length: 19 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Korea Economic Daily

News ID: 20915063

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About Korea Economic Daily

Korea Economic Daily Logo

Main Topics: Economy

Official Website: kedglobal.com

Update Frequency: 2 posts per day

Year Established: 1964

Headquarters: South Korea

News Last Updated: 11 hours ago

Coverage Areas: South Korea

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

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API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #91

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