Bloom Energy, a leading player in solid oxide fuel cell technology, has responded to market commentary regarding the recent Korea Hydrogen Portfolio Standard auction results. The company projects that shipment volumes to Korea will remain consistent in 2024 and the upcoming years, underscoring its belief in the stability and growth of the market. Additionally, Bloom has reiterated that its partner, SK ecoplant Co., is set to acquire 500MW of Bloom solid oxide fuel cells between 2024 and 2027, showcasing a strong and enduring partnership between the two entities. By highlighting the 60% electrical efficiency achieved using hydrogen and the impressive 90% combined heat and power efficiency, Bloom reaffirms its position as a technological leader in the field. The company's Chief Commercial Officer, Aman Joshi, has expressed the significance of the Korean market for Bloom Energy, emphasizing the company's trust in the performance and potential of its Korean partners, particularly in driving innovation and progress in the Korean energy sector. Overall, Bloom Energy's stance reflects a positive outlook on its collaboration with Korea and the advancements in solid oxide fuel cell technology within the region.