Bloom Energy's Groundbreaking 80 MW SOFC Project in South Korea
Key Ideas
- Bloom Energy and SK Eternix collaborate on an 80 MW SOFC project in South Korea to power ecoparks, marking the largest single-site installation in history.
- The project, set to begin operations in 2025, demonstrates the scalability and reliability of Bloom Energy's SOFC technology for large projects.
- The financing agreement led by Korea Development Bank is the largest project financing for fuel cells in South Korea, highlighting market trust in renewable energy capabilities.
- SK Eternix's CEO emphasizes the company's commitment to expanding eco-friendly projects for regional sustainability and showcases confidence in Bloom's SOFC technology.
Bloom Energy, a leader in solid oxide fuel cell generation technologies, has partnered with SK Eternix to deliver an 80 MW SOFC project in South Korea, setting a record for the largest single-site installation to date. The project aims to power two ecoparks in North Chungcheong Province, providing reliable and sustainable energy for critical infrastructure and regional development. Scheduled to commence operations in 2025, the initiative underscores the scalability and reliability of Bloom Energy's SOFC technology for significant projects. The financing, spearheaded by Korea Development Bank, represents the largest project financing for fuel cells in South Korea, showcasing the market's confidence in renewable energy capabilities. SK Eternix, a key partner of Bloom Energy in South Korea, expresses its dedication to expanding eco-friendly projects to support regional sustainability. The successful financing agreement signifies trust in Bloom's SOFC technology to drive critical industries worldwide, reinforcing the companies' collaborative efforts in the international market. Bloom Energy is acclaimed globally for its stationary fuel cell and power generation solutions, with 1.3 GW deployed worldwide. SK Eternix, newly established in March 2024, focuses on renewable energy, including solar and wind power, while expanding into power trading, fuel cell, and offshore wind power for sustainable growth.