Doosan Fuel Cell (Doosan) is reflecting on a successful first year of operation in the manufacture of clean energy fuel cell systems, having signed multiple contracts in the last 12 months and installed its technologies coast to coast from California to Connecticut.
Doosan didn’t exist one year ago. In July 2014, after buying the assets of ClearEdge Power (formerly UTC Power) out of bankruptcy, the Connecticut-based company began operations at its corporate headquarters outside of Hartford.
Starting with a handful of employees and financial support from parent company Doosan Corporation, which operates in 38 countries and is the oldest business in Korea, Doosan Fuel Cell has converted optimism into a reality that will employ around 300 people by the end of 2015.
The company has optimised five decades of fuel cell technology, patents and manufacturing expertise inherited from UTC Power to build a sales pipeline of more than 50 megawatts (MW) across the globe and has reached all-time highs in production level.
The achievements of Doosan in this timeframe also highlight the growth potential in hydrogen fuel cells and clean energy technologies.
Doosan President and CEO Jeff Chung commented, “Our rapid expansion is a bold testament to our employees and that fuel cells are becoming accepted as a viable energy source that offers economic and environmental benefits.”
“Specifically, more and more companies globally are selecting a Doosan PureCell® solution to provide reliable power for their facilities, free from the risk of disruption from electrical grid failures, blackouts or Mother Nature.”
Multiple contracts have been signed by Doosan during the past 12 months to install and operate 440 kW PureCell fuel cells at mixed use properties, office and government buildings, college campuses, utilities, mining operations and production facilities.
Doosan power plants are now installed, and being installed, coast to coast; from Verizon in California to CT Transit in Connecticut. They’re also helping to power facilities like Korea South East Power in Seoul, all of which equates to 140 Doosan PureCell systems under long-term service contracts in the two countries.