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FuelCell Energy (FCEL) shares rise after signing agreement with Korea Hydro & Nuclear Power Co.

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FuelCell Energy signs MoU for clean hydrogen production projects in Korea (NASDAQ:FCEL)

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FuelCell Energy and KHNP to Pursue Clean Hydrogen Production Projects in Korea

US-based FuelCell Energy (FCE) is exploring the integration of its solid oxide electrolysis (SOEC) platform with Korea Hydro & Nuclear Power’s (KHNP) nuclear power plants in South Korea for hydrogen production.

Hydrogen View

FuelCell Energy, KNHP to explore nuclear-base hydrogen production in South Korea

Under a Memorandum of Understanding (MoU), the two firms will look at producing low-cost hydrogen using high-efficiency SOEC technology and low-cost baseload nuclear power. So-called pink hydrogen production uses nuclear electricity instead of renewable energy to power electrolysers. Proponents claim it can provide a more consistent, stable way of producing hydrogen due to the consistent

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H2-View News: FuelCell Energy, KNHP to explore nuclear-base hydrogen production in South Korea

FuelCell Energy signs MoU for clean hydrogen production projects in Korea (NASDAQ:FCEL)

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