From The New England Council (newenglandcouncil.com)
Doosan Fuel Cell America,Inc. is demonstrating that fuel-cell companies can profitably operate and play an important role in the energy industry. With several projects in the pipeline, Doosan has seen revenues jump from $124.8 million in 2015 to $204.6 million in 2017.
One of Doosan’s upcoming projects in Connecticut is a state-awarded 20-megawatt development that will power a data center in New Britain and is expected to begin operation in 2020. Doosan will also provide fuel cells that will power water-treatment facilities in Bristol and Fairfield. The most active market for the technology is South Korea, where Doosan exports a significant amount of its products.
Speaking of the Korean market, Michael Coskun, Doosan’s general manager of sales and business development, said, “Most of the business is being driven by Korea sales. They have a very aggressive renewable portfolio standard, and I think we’re uniquely positioned to serve that market.”