Doosan announces plans for hydrogen fuel cells plant

A subsidiary of the Group will be in charge of the installation’s construction scheduled to be completed by 2024.

Doosan Fuel Cell, a subsidiary of the Doosan Group focused on clean energy, has announced plans to build a plant for hydrogen fuel cells manufacturing. The construction involved a four-party agreement and an investment of roughly 121.2 million dollars between the company and various government entities. The site is scheduled to be completed by 2024.

To achieve this project, the company has signed a cooperation agreement with the city of Gunsan, the Saemangeum Development and Investment Agency, as well as the Korea Rural Community Corporation. The 79,200 square-meter-wide plant will be set in the Saemangeum area, located in the North Jeolla province, according to an article published by local news site Aju Business Daily.

Thanks to smaller-sized power generation systems, hydrogen fuel cells have been implemented by South Korea as a source of energy for microgrids. This type of networks contain small and isolated power grids, commonly used in urban environments.

The country started using hydrogen fuel cell power plants to fuel microgrids in 2018, according to the media outlet. In addition, vehicles can be fueled by small-sized cells and several hydrogen stations have been built in the country during the last few years. South Korea’s army announced back in October inaugurated its first charging station opened for use by civilians and plans to open approximately 50 additional sites in the near future.

The news broke months after major milestones for Doosan Fuel Cell. In September of last year, the company reached an agreement with China to export hydrogen fuel cells to one of its cities. In addition, it also partnered with Hyundai last October to test fuel cell distribution for powering microgrids. With these breakthroughs in the fuel of the future, it’s only a matter of time before it expands across the region and other continents as an affordable energy source.

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