U.S.-based FuelCell Energy and Korea Hydro & Nuclear Power (KHNP) announced a joint agreement to work on hydrogen energy projects in South Korea. The partnership will focus on utilizing FuelCell Energy's solid oxide electrolysis hydrogen platform and KHNP's nuclear power plants to develop advanced energy solutions. The initiative aims to leverage domestic clean energy sources to produce cost-effective clean hydrogen, reducing the country's reliance on imported fuels. The electrolyzer technology will enable the storage and transportation of hydrogen, offering a zero-carbon energy solution from various renewable sources. Additionally, the collaboration will explore the production of e-fuel for transportation and ammonia for fertilizer. KHNP's Vice President, Kong Young-gon, expressed enthusiasm for the collaboration, highlighting the alignment with the company's commitment to innovation and sustainability. FuelCell Energy's President and CEO, Jason Few, emphasized the potential for innovation and sustainable energy solutions stemming from the partnership. With FuelCell Energy's significant installed capacity in South Korea and KHNP's expertise in electricity generation, the collaboration is poised to drive positive change in the industry and contribute to South Korea's energy transition. The companies' previous collaboration with Malaysia Marine and Heavy Engineering (MMHE) further exemplifies their commitment to expanding clean hydrogen production across Asia and Oceania. By delivering large-scale electrolyzer facilities, FuelCell Energy and KHNP aim to establish clean hydrogen as a viable energy option in the region. The agreement signifies a significant step towards advancing hydrogen technologies and promoting sustainable energy practices in South Korea and beyond.