FuelCell Energy, Inc. conducted a significant event in Seoul on June 28, 2024, marking a milestone in the company's expansion in the Korean market. The event titled 'Accelerating Korea’s Energy Transition with Advanced Fuel Cell Solutions' highlighted FuelCell Energy's innovative carbonate and solid oxide platforms that facilitate the transition to sustainable energy. This gathering, attended by Korean energy industry leaders and FuelCell Energy executives, emphasized the crucial utility of fuel cell technology in driving the energy transition. The company's commitment to Korea was further demonstrated through the introduction of its second electrochemical platform—solid oxide, expected to play a key role in Korea's hydrogen transition. FuelCell Energy's technology, already producing over 100 megawatts of sustainable electricity in South Korea, received further investment with GGE purchasing 42 upgraded carbonate fuel cells for the Hwaseong Baran Industrial Complex. The company's efforts align with Korea's Hydrogen Economy Roadmap, aiming to achieve 15 gigawatts of power from fuel cells by 2040. The event also highlighted FuelCell Energy's focus on clean energy development, new partnerships, and its carbon capture technology, illustrating its commitment to sustainable solutions.