Danbury clean energy manufacturer FuelCell Energy Inc. announced Wednesday growing demand for its products in Asia.
Seoul City, South Korea announced plans to install 230 megawatts worth of fuel cells on its parks and buildings, and launched a separate 60-megawatt fuel cell park in the city.
By supplying its Direct FuelCell products to these installations, FuelCell helps the city meet the mandate from the South Korean government to install clean energy systems as part of its generation portfolio.
The 60-megawatt fuel cell park will be developed in conjunction with Posco Energy of South Korea as well as partners Korea Hydro Nuclear Power Co. and Smachully Gas Co. In early May, Posco invested $30 million in FuelCell by buying 20 million shares of its stock.
Posco also is developing a 8.4 megawatt fuel cell park in Samcheok City, South Korea that will use FuelCell’s products.
