FuelCell Energy supplies 300-kW fuel cell module for Indonesian project
Sep 12, 2011 - US fuel cell power plant developer FuelCell Energy Inc (NASDAQ:FCEL) said last week it had sold a 300-kW fuel cell module to Posco Power, a unit of South Korean steelmaker Posco (SEO:005490), for a demonstration project in Indonesia.
The Direct FuelCell module will be combined with locally built balance of plant and then installed at a waterpark resort in Jakarta. The project is in line with Posco Power's plan to develop large-scale power plants in southeastern Asia. The company will start with Indonesia and then move the initiative to Thailand, Malaysia and Singapore.
Indonesia is the fourth most populous country globally with a population of some 245 million. It is also the world's eighth biggest producer of natural gas, FuelCell said.
For the past four years, Posco Power has purchased 140 MW of FuelCell's Direct FuelCell power plants and fuel cell components. As part of the two companies' partnership, FuelCell will build and export fuel cell components to South Korea, where they will be stacked into fuel cell modules by Posco Power. The modules will later be combined with locally made balance of plant and shipped to Indonesia.