South Korean energy company SK Eternix has secured a significant investment of W461 billion in partnership with Charmvit Group and KDB Infrastructure Asset Management for the development of high-efficiency solid oxide fuel cell power plants. This funding, the largest in Korea's fuel cell sector to date, will mainly support the construction of two power stations, Chungju and Daesowon Eco Parks, each with a capacity of 40 megawatts. The power plants, set to be situated on a 33,000-square-meter site in Chungju, North Chungcheong Province, will be powered by solid oxide fuel cells from Bloom Energy. SK Eternix will oversee the project management and supply major equipment, while construction and commissioning will be managed by SK Ecoplant, a construction arm of SK Group. The Chungju Eco Park is expected to commence commercial operations by December 2025, followed by the Daesowon Eco Park in March 2026. CEO Kim Hae-jung expressed optimism about the financing agreement, aiming to expedite the projects and further the company's commitment to eco-friendly initiatives. With the addition of these new power plants, SK Eternix plans to increase its total production capacity in North Chungcheong Province from 60 to 140 megawatts, consolidating its position in the renewable energy sector.