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Thursday, December 28, 2023 8:14:49 AM
Bloom Energy and SK ecoplant Collaborate on a Major Hydrogen Project to be Developed by Korea Southern Power Co., Ltd
December 27, 2023
SAN JOSE, Calif. & SEOUL, South Korea--(BUSINESS WIRE)--Bloom Energy (NYSE: BE) and SK ecoplant, an engineering and energy solutions provider and subsidiary of South Korean conglomerate SK Group, today announced a sale of Bloom’s electrolyzer technology to deploy hydrogen as an energy source in a large-scale green hydrogen demonstration with the Korea Southern Power Co., Ltd (KOSPO) and local government.
The first-of-its-kind demonstration for South Korea, which will commence in late 2025, includes 1.8 megawatts (MW) of Bloom’s industry-leading Solid Oxide Electrolyzer (SOEC) technology to develop green hydrogen at scale for use as transport fuel on Jeju Island, South Korea. Jeju Island is known as a leading market for renewable energy projects.
“The extension of our partnership with SK ecoplant to include this deployment of Bloom’s SOEC is a logical step to show the superior efficiency of our electrolyzers compared to other technologies in the important South Korean market,” said KR Sridhar, founder and chairman, CEO of Bloom Energy, Inc. “South Korea has been a leader in policies enabling clean hydrogen, and the efficiency and flexibility of Bloom’s SOEC will demonstrate our commitment to the lowest cost green hydrogen for South Korea.”
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