SEOUL, Jan. 16 (Korea Bizwire) — SK Engineering and Construction Co. has recently received a series of construction orders only a month after signing a contract with Bloom Energy to supply fuel cell facilities in South Korea.
SK E&C announced on Tuesday that it had signed contracts with KT Corp. and Korea Midland Power Co. to supply fuel cell facilities, a performance achieved only a month after the company signed an exclusive contract with Bloom Energy.
SK E&C will be in charge of building a 6㎿ fuel cell power plant with Korea Midland Power Co. inside the world’s very first underground thermoelectric power plant below Seoul. It will also build 0.9㎿ fuel cell generators at two KT base stations.
Fuel cells are often viewed as a next generation source of electricity that is eco-friendly, noiseless, and emits no toxic substances.
The Energy Server, Bloom Energy’s fuel cell facility, is 50 percent more efficient than other fuel cell generators. Its design is suitable for being installed in spaces available at the heart of the city.
Demand for fuel cells is expected to increase as the South Korean government incorporates fuel cells as a major component of the ‘hydrogen economy’ that it is looking to establish.
“Fuel cells are an eco-friendly source of energy that can come in various sizes to fit inside a city or to be used at home,” said Lee Wang-jae, a fuel cell executive at SK E&C.
“We plan to develop quality service models with the long-term vision to expand the industry.”
M. H. Lee (firstname.lastname@example.org)