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South Korea's Largest SOFC Fuel Cell Power Plant Starts Commercial Operations, an Industrial Info Market Brief
Industry Segment: Market Brief | Word Count: 219 Words
SE Green Energy's Hwaseong fuel cell power plant, located at a waste plastic recycling plant site in Nojin-ri, Jangan-myeon, Hwaseong-si, Gyeonggi-do, began operations on June 1, according to the company. The 19.8-megawatt (MW), solid oxide fuel cell (SOFC) facility is the largest of its kind in South Korea.
SE Green Energy is a special-purpose corporation (SPC) jointly owned by Korea South-East Power and SK E&C, with equity investments of 23.23 billion won (US$19.4 million) (84.8%) and SK E&C 4.81 billion won (US$4 million) (15.2%), respectively.
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