: December 2009 :: Volume 13, Number 12 :: 7ms.com:
FCE and POSCO Power Sign License Agreement
FuelCell Energy, Inc. of Danbury, Connecticut, a leading manufacturer of high efficiency ultra-clean power plants using renewable and other fuels for commercial, industrial, government, and utility customers, has signed a licensing agreement allowing POSCO Power to manufacture fuel cell stack modules from cell and module components provided by FuelCell Energy. These fuel cell modules will be combined with balance-of-plant manufactured in South Korea to complete electricity-producing fuel cell power plants for sale in South Korea.
Direct FuelCell (DFC) power plants generate electricity directly for South Korea's power grid. As part of a drive to establish fuel cells as its country's leading form of alternative energy, POSCO Power has ordered more than 68MW of FuelCell Energy's DFC units to date and built a facility to manufacture balance-of-plant systems in South Korea.
Currently, approximately 23MW of FuelCell Energy power plants are installed in South Korea, including six DFC3000 megawatt-class power plants.
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