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THE INVESTOR
December 08, 2022

Industrials

SK E&C, US firm to form JV for fuel cell production

  • PUBLISHED :September 25, 2019 - 10:00
  • UPDATED :September 25, 2019 - 15:36
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SK Engineering & Construction said Sept. 25 it will set up a joint venture with US-based Bloom Energy for the production of solid oxide fuel cell.

The 49:51 JV, to be set up in November, will provide Korean-made fuel cells to power-generating facilities, data centers, among others.



“The company is reviewing several candidate sites for the building of a plant, with an aim to start the production of SOFCs in the first half of 2020,” the spokesman said.

The locally produced SOFCs will be initially delivered to domestic clients and then exported to neighboring countries, he said. 

SOFC is an electrochemical conversion device that produces electricity directly from fuel resources, such as hydrogen and methane.

By Ram Garikipati and newswires (ram@heraldcorp.com)

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