SK Eco Plant has achieved a significant milestone by successfully securing financial arrangements for the Jincheon New Fuel Cell Project, a notable endeavor in the hydrogen power generation sector. This achievement stands out as the first successful financing among 19 projects that were part of the bidding market. The project, in collaboration with Iljin Power, focuses on building a 19.8MW SOFC power plant in Jincheon-gun, Chungcheongbuk-do. Upon completion, the plant's electricity production capacity is expected to surpass the annual residential electricity consumption in the area. The power generated will be supplied to KEPCO at a fixed rate for the next two decades, ensuring stable revenue streams. SK Eco Plant's proactive approach to business development and investment, coupled with their expertise in fuel cell power plant EPC services, has enabled this successful financial agreement. Bae Sung-joon, head of SK Eco Plant's energy business, emphasized the reliability of the SOFC cycle in commercial settings and highlighted the forthcoming completion of the Hwaseong Yanggam Fuel Cell Project. The company's ability to secure financing and execute projects timely underscores the growth potential of fuel cell technology in the energy industry.