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- Bloom Energy and SK Eternix Unveil Landmark 80 MW Fuel Cell Project in South Korea
Bloom Energy and SK Eternix Unveil Landmark 80 MW Fuel Cell Project in South Korea
Slice of Energy Team
November 11, 2024
Key Highlights:
Landmark 80 MW fuel cell installation to power ecoparks in North Chungcheong Province, South Korea.
Developed in partnership with SK Eternix for sustainable, reliable energy.
Largest project financing for fuel cells in South Korea, led by Korea Development Bank.
Commercial operations set to begin in 2025 with Bloom Energy overseeing management.
Reinforces Bloom's commitment to net-zero and renewable energy.
Source: Business Wire
Notable Quotes:
“This groundbreaking 80 MW installation underscores the scalability and reliability of our SOFC technology for large and complex projects.”
“This successful financing agreement reaffirms the market’s trust and expectations for our renewable energy capabilities.”
Our Take:
The ambitious 80 MW installation solidifies Bloom Energy’s global leadership in sustainable power generation, leveraging its SOFC technology in South Korea’s energy-intensive landscape. This collaboration with SK Eternix highlights the growing demand for resilient, eco-friendly solutions in the region and sets a new benchmark for project scale and financing within the fuel cell industry. With Bloom Energy's extensive operational expertise and SK Eternix's local leadership in renewable projects, the initiative is poised to address both regional development needs and environmental goals, showcasing how international partnerships can drive scalable clean energy innovation.