Doosan Fuel Cell America

Korea Shipbuilding & Offshore Engineering to Develop Fuel Cell System with European Research Institute and Stack Manufacturer Partner

Retrieved on: 
Tuesday, January 10, 2023

Korea Shipbuilding & Offshore Engineering (KSOE) signs an MOU with Fraunhofer IKTS of Germany and fuel cell component manufacturer Elcogen, based in Estonia and Finland

Key Points: 
  • Korea Shipbuilding & Offshore Engineering (KSOE) signs an MOU with Fraunhofer IKTS of Germany and fuel cell component manufacturer Elcogen, based in Estonia and Finland
    LAS VEGAS, Jan. 9, 2023 /PRNewswire/ -- Korea Shipbuilding & Offshore Engineering (KSOE), the intermediate holding company of HD Hyundai, will embark on a mission to develop fuel cell systems for ships and power generation and acquire technologies for green hydrogen production, in collaboration with Europe's largest research institute and a fuel cell stack manufacturer.
  • "The MOU will allow us to acquire key technologies in the fields of green hydrogen production and fuel cell system manufacturing."
  • Fraunhofer IKTS is the largest applied research institute in Europe with 72 labs across Germany.
  • (From left: Hanna Granö-Fabritius, Managing Director of Elcogen; Sungjoon Kim, Senior Executive Vice President and head of KSOE's Advanced Research Center; Alexander Michaelis, Institute Director of Fraunhofer IKTS)

Korea Shipbuilding & Offshore Engineering to demonstrate fuel cell-applied ship operation

Retrieved on: 
Tuesday, October 11, 2022

KSOE signed a consortium agreement to demonstrate fuel cells for ships Shell, Doosan Fuel Cell, HyAxiom, and DNV.

Key Points: 
  • KSOE signed a consortium agreement to demonstrate fuel cells for ships Shell, Doosan Fuel Cell, HyAxiom, and DNV.
  • Korea Shipbuilding & Offshore Engineering (KSOE), the intermediate holding company of Hyundai Heavy Industries Group's shipbuilding sector, said on October 11 at The Westin Josun Seoul Hotel that it signed a consortium agreement to demonstrate fuel cells for ships with global energy company Shell, Doosan Fuel Cell, HyAxiom, and DNV.
  • Shell will be in charge of managing and operating the ship, as well as managing the demonstration project, while Doosan Fuel Cell and HyAxiom will develop and supply fuel cells for the ship.
  • "We expect to preoccupy next-generation eco-friendly ship technologies and speed up marine decarbonization through this fuel cell-applied ship demonstration."

Korea Shipbuilding & Offshore Engineering to demonstrate fuel cell-applied ship operation

Retrieved on: 
Tuesday, October 11, 2022

Korea Shipbuilding & Offshore Engineering (KSOE), the intermediate holding company of HHI Group's shipbuilding sector, said on October 11 that it signed a consortium agreement to demonstrate fuel cells for ships with global energy company Shell, Doosan Fuel Cell, HyAxiom, and DNV.

Key Points: 
  • Korea Shipbuilding & Offshore Engineering (KSOE), the intermediate holding company of HHI Group's shipbuilding sector, said on October 11 that it signed a consortium agreement to demonstrate fuel cells for ships with global energy company Shell, Doosan Fuel Cell, HyAxiom, and DNV.
  • Based on the expertise in shipbuilding for over 50 years, HHI Group will build a ship, design and install SOFC placements, and integrate the ship system.
  • Shell will be in charge of managing and operating the ship, as well as managing the demonstration project, while Doosan Fuel Cell and HyAxiom will develop and supply fuel cells for the ship.
  • "We expect to preoccupy next-generation eco-friendly ship technologies and speed up marine decarbonization through this fuel cell-applied ship demonstration."

Doosan Corporation Electro-Materials Unveils Innovative Products and Technologies to Lead Future Industry at CES 2022

Retrieved on: 
Thursday, January 13, 2022

Key Points: 
  • View the full release here: https://www.businesswire.com/news/home/20220113005358/en/
    Doosan Corporation Electro-Materials showcased innovative products and technologies, including PFC, under the theme of New Normal to Smart Mobility at CES 2022.
  • (Photo: Business Wire)
    In CES 2022, Doosan Corporation Electro-Materials, Doosan Heavy Industries & Construction, Doosan Fuel Cell, Doosan Industrial Vehicle, Doosan Robotics, and Doosan Mobility Innovation participated.
  • Doosan Corporation Electro-Materials targeted the global market by introducing its new business items as the future income source.
  • Doosan Corporation Electro-Materials will continue providing satisfactory products and solutions to automobile, smartphone, 5G communications, and wearable device users with future technologies to be developed.

The Korea Herald introduces: Carbon Neutral EXPO held from October 13 to 15

Retrieved on: 
Tuesday, October 12, 2021

SEOUL, Oct. 12, 2021 /PRNewswire/ Following announcement covered by koreaherald.com, the Ministry of Trade, Industry and Energy (MOTIE) announced that it will host the "Carbon Neutral EXPO," Korea's largest energy exhibition, from October 13 to 15 at KINTEX in Gyeonggi Province, South Korea.

Key Points: 
  • SEOUL, Oct. 12, 2021 /PRNewswire/ Following announcement covered by koreaherald.com, the Ministry of Trade, Industry and Energy (MOTIE) announced that it will host the "Carbon Neutral EXPO," Korea's largest energy exhibition, from October 13 to 15 at KINTEX in Gyeonggi Province, South Korea.
  • The EXPO will be co-hosted with Korea Energy Show 2021, which marks its 40th anniversary this year.
  • 297 organizations and businesses will participate in the Expo and promote their carbon-neutral products and technologies.
  • They also join networking programs offered by foreign embassies to Korea and local governments to find domestic and international markets.

Global Fuel Cell Market Outlook and Forecast 2020-2027 - Featuring Profiles of FuelCell Energy, Ballard Power Systems, Hydrogenics Corp, SFC Energy, Nedstack Fuel Cell Technology, and More

Retrieved on: 
Monday, March 2, 2020

The global fuel cell market size is expected to reach USD 33.09 billion by 2027, exhibiting a CAGR of 15.5% over the forecast period according to this report.

Key Points: 
  • The global fuel cell market size is expected to reach USD 33.09 billion by 2027, exhibiting a CAGR of 15.5% over the forecast period according to this report.
  • Rising demand for combined heat and power systems in is projected to drive the demand for fuel cell in the region.
  • Further key findings from the report suggest:
    The fuel cell market is highly consolidated with major companies accounting for over 80% of industry demand.
  • Hence, public-private partnerships is crucial for gaining technological advantage
    Key market players include Fuel Cell Energy, Inc., Ballard Power Systems, Hydrogenics Corporation, SFC Energy AG, Nedstack Fuel Cell Technology B.V., Bloom Energy, Doosan Fuel Cell America, Inc., Ceres Power Holdings Plc, and Plug Power, Inc. Apart from these, several other automobile manufacturers are in the process of launching their fuel cell vehicles

Global Stationary Fuel Cell Market Radar 2019: A Measurement System to Spark Companies 2 Action (C2A)

Retrieved on: 
Tuesday, November 26, 2019

DUBLIN, Nov. 26, 2019 /PRNewswire/ -- The "Research Radar in the Global Stationary Fuel Cell Market" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • DUBLIN, Nov. 26, 2019 /PRNewswire/ -- The "Research Radar in the Global Stationary Fuel Cell Market" report has been added to ResearchAndMarkets.com's offering.
  • Over the same period of time, fuel cell costs are forecast to decline by around 50% across the main technologies.
  • The Research Radar reveals the market positioning of companies in an industry using their Growth and Innovation scores as highlighted in the methodology.
  • The companies we have included in this radar include Bloom Energy, FuelCell Energy, Plug Power, Aisin Seiki, Ceres Power, Hydrogenics, Doosan Fuel Cell America, Power Cell, Altergy, SFC Energy, Sunfire, Fuji Electric, Gencell, Convion, Solid Power, and Panasonic.

Global Hydrogen Fuel Cells Market Analysis & Outlook 2017-2019 & 2026 - ResearchAndMarkets.com

Retrieved on: 
Monday, August 19, 2019

The "Hydrogen Fuel Cells - Global Market Outlook (2017-2026)" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Hydrogen Fuel Cells - Global Market Outlook (2017-2026)" report has been added to ResearchAndMarkets.com's offering.
  • The Global Hydrogen Fuel Cells market accounted for $476.78 million in 2017 and is expected to reach $55,061.4 million by 2026 growing at a CAGR of 69.5% during the forecast period.
  • However, the high cost of switching to this technology and reduced hydrogen refilling stations are restraining the market growth.
  • Some of the key players profiled in the Hydrogen Fuel Cells market include Toshiba Corporation, Sunrise Power, SFC Energy AG, Plug Power Inc, Pearl Hydrogen, Panasonic Corporation, Nedstack Fuel Cells Technology B.V., Intelligent Energy, Hyster-Yale Group, Hydrogenics, Fuelcell Energy, Doosan Fuel Cell, ClearEdge Power, Ballard Power and AFC Energy PLC.

Global Fuel Cell Market by Application, Type and Geography with Analysis on Key Players - Forecast to 2024 - ResearchAndMarkets.com

Retrieved on: 
Tuesday, April 2, 2019

The "Global Fuel Cell Market - Segmented by Application, Type, and Geography - Growth, Trends and Forecast (2019 - 2024)" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Global Fuel Cell Market - Segmented by Application, Type, and Geography - Growth, Trends and Forecast (2019 - 2024)" report has been added to ResearchAndMarkets.com's offering.
  • In 2017, the fuel cell market was where the solar cell market was in 2002.
  • Key US fuel cell manufacturers, Doosan Fuel Cell America, FuelCell Energy, and Bloom Energy, announced collective sales, installations, and agreement for around 100 MW of fuel cell systems in 2016.
  • Stationary fuel cell is gaining momentum in South Korea and is expected to drive the demand for fuel cell in the coming future.

Fuel Cell Market 2018 Report Covers the Market Landscape and Growth (CAGR of 22%) Prospects by 2022: Radiant Insights, Inc.

Retrieved on: 
Wednesday, December 5, 2018

The "MCFC" segment led the Fuel Cell Market in 2017 and is anticipated to maintain its dominance by 2022.

Key Points: 
  • The "MCFC" segment led the Fuel Cell Market in 2017 and is anticipated to maintain its dominance by 2022.
  • The key players contributing to the robust growth of the Fuel Cell Market comprise Bloom Energy Corporation, Ballard Power Systems Inc., Fuel Cell Energy Inc, Nuvera Fuel Cells Inc, Toshiba Fuel Cell Power Systems Corporation, Plug Power Inc, AFC Energy plc, Doosan Fuel Cell America Inc., Mitsubishi Hitachi Power Systems Ltd., SFC Energy AG, Intelligent Energy Limited, and Panasonic Corporation.
  • Access 146 page research report with TOC on "Fuel Cell Market" available with Radiant Insights, Inc. @ https://www.radiantinsights.com/research/global-fuel-cell-market-2018-2022
    Segmentation by application and analysis of the fuel cell market:
    During 2017, the transport segment accounted for the majority market share of fuel cell market.
  • The rising deployment of fuel cell electric vehicles will drive the growth prospects for the fuel cell technology market in the transport segment for the next four years.