FuelCell Energy, Inc. and Korea Hydro & Nuclear Power Co., Ltd (KHNP) have announced a collaboration to pursue hydrogen energy business initiatives in South Korea. The partnership involves utilizing FuelCell Energy's solid oxide electrolysis hydrogen platform and KHNP's nuclear power plants to develop advanced energy solutions. By combining their expertise, the companies aim to produce lower cost, domestic clean hydrogen, thereby diversifying South Korea's hydrogen supply beyond imported fuels. FuelCell Energy's solid oxide electrolyzer cell can achieve high electrical efficiency in hydrogen production, and the hydrogen generated can be stored long-term and transported, enabling zero carbon stored hydrogen energy from various clean sources. The initiative also aims to develop e-Fuel for the transport sector and produce ammonia for fertilizer. The collaboration between FuelCell Energy and KHNP is expected to drive innovation, enhance energy efficiency, and contribute to sustainability. Both companies are dedicated to leveraging their strengths to achieve these goals and create a positive impact on the industry and South Korea's energy sector.