Replies to post #6861 on FuelCell Energy Inc (FCEL)

[Jack_Bolander]

Thank you for this information...

Very helpful....

Can you tell me how many units have been sold so far this year.?

So much good news... we must be killing it. !

[Maximilliano]

krays thanks for the article. Very informative for the direction of fuel cells in SK and the intentions of KOSPO are a positive for FCEL.

[Maximilliano]

krays do you remember this from September 15, 2017 (m45 translates your post #4057)

Need Google translate

http://www.h2news.kr/mobile/article.html?no=6161


Daejeon City enters 30MW fuel cell power plant

Participants are taking commemorative photos at the signing ceremony of the 'Agreement on Joint Development of Environmentally Friendly Fuel Cell Power Generation Project' held in the meeting room of Daejeon City Hall. (From left, Hwang In-gyu, Chungnam City Gas Representative, Kwon Sun-taek, Daejeon Mayor, Yun Jong-keun, President of South South Power, Participants take commemorative photos at the signing ceremony of the 'Agreement on Joint Development of Eco-friendly Fuel Cell Power Generation Project' held in the meeting room of Daejeon City Hall. (From left, Hwang In-gyu, Chungnam City Gas Representative, Kwon Sun-taek, Daejeon Mayor, Yun Jong-keun, President of South South Power,

[Monthly Hydrogen Economy Jo Kyu-jeong] A 30MW fuel cell power plant will be installed in Daejeon Metropolitan City. Considering that the heat generated at the power plant will be supplied to Hansol Paper, which provides the site, POSCO Energy's MCFC system is likely to be introduced. In paper mills, a large amount of steam is used to sufficiently remove water from pulp, which is a raw material of paper. Moreover, FCE (Fuelcell Energy), which entered the Korean market for a limited period of time until September this year, is likely to enter the business directly.

In Daejeon City, Daejeon City signed an agreement with the South Korean Power Development Corporation (CEO Yun Jong-keun), the development public company, Hansol Paper (CEO Lee Sang-hoon) and Chungnam City Gas (President Hwang In-gyu) He said.

According to the agreement, KOSPO will invest KRW 1,600 million in administrative procedures such as licensing and licensing, construct a 30 MW fuel cell power plant on the site provided by Hansol Paper, and supply LNG from Chungnam City Gas to produce electricity and heat to be.

Electricity can be supplied to about 58,000 households with an annual output of 230 million kWh, and the heat will produce 111,000 kcal per year.

KOSPO plans to sell the generated electricity to KEPCO and generate profits through REC sales, and expects to generate additional revenue by supplying the Hansol Paper, which is produced as a byproduct.

The city plans to take the administrative procedures such as licensing procedures necessary for power plant construction as soon as possible and actively promote the government's decentralized power generation measures and clean energy development policies.

Kwon Seon-taek, the mayor, said, "Today's convention is meaningful as a part of our efforts to take the lead in responding to the government's energy policy transition period." He said, "Fuel cell power plants, Through innovative resources and collaboration, we will promote the replacement of energy generation centering on the safety of all of us and future generations, and we will actively review the construction of fuel cell power plants at industrial complexes leading the fourth industrial revolution. "

"We will do our utmost to revitalize the Daejeon economy centered on energy new industries, by faithfully promoting eco-friendly fuel cell power generation projects in cooperation with local partner organizations."

[Maximilliano]

More content on 30MW Daejeon City KOSPO plant from Sept 17, 2017:

need Google translate:

http://news.g-enews.com/view.php?ud=20170907170545791896aa5dcdf1_1&md=20170907182358_F


South Korea's power plant, which did not have a fuel cell business, signed a business agreement with Daejeon City, Chungnam City Gas, and Hansol Paper to build a 30MW fuel cell power plant. The power plant is scheduled to begin construction in the second half of 2019.