Danbury’s FuelCell Energy executives traveled to South Korea this week where its manufacturing partner and minority owner, POSCO Energy, unveiled a 20-megawatt fuel cell park in the capital city of Seoul.
POSCO, which has a licensing agreement with FuelCell to build and sell its power plants in Asia, said the power generated by the park will be sold to Korea Power Exchange.
The majority shareholder in the fuel cell park is South Korea’s largest utility, Korea Hydro & Nuclear Power.
“This fuel cell park occupies less than two acres of land and benefits Seoul by generating enough power for approximately 43,000 Korean households and heat for approximately 9,000 households,” FuelCell CEO Chip Bottone said in a statement. “That is a significant supply of energy produced from a very compact footprint, and its generating power in an environmentally-friendly manner benefiting South Korea’s air quality.”
A proposed 63-megawatt fuel cell park in Beacon Falls, which would include FuelCell products, has been stalled since developers were not selected in an energy bidding process. If built, the project would usurp a 59-megawatt South Korean park that is currently the world’s largest and also uses FuelCell’s power plants.
