Doosan Fuel Cell was established in 2014 when Doosan Corporation made two strategic initiatives in the fuel cell market – acquiring the assets of ClearEdge Power, a fuel cell technology leader in the United States, and merging with Fuel Cell Power, a residential fuel cell leader in Korea. The acquisition of these two companies led to the formation of the Doosan Fuel Cell Group.
Fuel cells generate electricity and heat through an electrochemical process with no combustion or moving parts. This simplicity of operation yields high-efficiency, ultra-low emissions and exceptional reliability. Doosan manufactures and markets high-performance fuel cell solutions that provide combined cooling, heat and power (CCHP).
In the United States we will continue to focus on providing cost competitive, clean, reliable energy solutions for customers who need secure uninterrupted power, even during blackouts, for their commercial buildings, industrial plants, data centers, hospitals, and universities. In Korea we will continue to produce compact fuel cells for residential use, while strengthening our position in the large power generation sector, in line with government policy on renewable energy provisions.
Doosan Fuel Cell will lead the effort in reversing the current trend of resource depletion and global warming, both byproducts of, and challenges faced by, traditional power generation. Our fuel cell solutions will open a new chapter in achieving high energy efficiency through diversification of energy sources, and higher efficiency power generation, strengthening national competitiveness and driving economic growth.
President and CEO of Doosan Fuel Cell America, Inc.
Jeff Hyungrak Chung