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Hydrogenics starts fuel cell power operations in Korea
2015-11-03 07:09 ET - News Release
Mr. Daryl Wilson reports
KOLON HYDROGENICS STARTS COMMERCIAL OPERATION OF MEGAWATT FUEL CELL SYSTEM IN SOUTH KOREA
Hydrogenics Corp. has started commercial operations of its initial one-megawatt fuel cell power system owned and operated by the Kolon Hydrogenics joint venture in South Korea.
The fuel cell power generation system has been installed at Hanwha-Total's oil refinery site (formerly known as Samsung-Total) in Daesan, South Korea. The application uses surplus hydrogen generated as part of other refinery processes at the site; the hydrogen is fed into the fuel cell stack and supplies 1 megawatt per hour continuous electrical power. This first megawatt system is a pilot plant to demonstrate the viability of Hydrogenics' fuel cell technology.
"The successful start-up of our fuel cell application in South Korea is an important milestone on the journey to large scale, multi-megawatt facilities across the globe," stated Daryl Wilson, CEO of Hydrogenics. "We are pleased with the strength of the team at Kolon Hydrogenics and look forward to the next stage of commercialization."
Soo-Young Lee, CEO of Kolon Water and Energy, added, "Korea's energy policy makes a clear and compelling case for the deployment of clean fuel cell technology on an industrial scale. Kolon's expertise in engineering, procurement and construction of industrial plants, combined with Hydrogenics' PEM technology, makes for a strong relationship to serve our industrial customers. We are excited by this achievement and anticipate larger-scale deployments in the quarters to come."
The Kolon Hydrogenics joint venture was created in 2014 to identify the potential for renewable power generation projects in South Korea. South Korea has a significant focus on the deployment of clean, efficient fuel cell technology. The venture owners, Hydrogenics and Kolon Water & Energy, plan to capitalize on these renewable energy opportunities across the region.
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