Bloom Energy joins forces with SK Ecoplant to amp up green hydrogen endeavours in South Korea

Bloom Energy and SK Ecoplant have announced a collaboration involving the sale of Bloom's electrolyzer technology, which is set to play a pivotal role in a large-scale green hydrogen demonstration in South Korea. The demonstration is a first for the country and is slated to begin in late 2025, aiming to develop green hydrogen at scale with 1.8 megawatts of Bloom’s Solid Oxide Electrolyzer technology on Jeju Island, a location renowned for renewable energy projects.

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KR Sridhar, the founder and CEO of Bloom Energy, expressed that the partnership with SK ecoplant and the deployment of their technology is a strategic move to showcase the efficiency of their electrolyzers. He highlighted South Korea's leadership in clean hydrogen policies and anticipates that the project will affirm their dedication to providing cost-effective green hydrogen in the Korean market.

Kyung-il Park, CEO of SK ecoplant, stated that the outcomes of this demonstration would be critical for SK's advancement in the electrolysis market and their pursuit of green hydrogen projects both domestically and internationally, utilizing Bloom's technology. He mentioned that the project signifies a deepening of the strategic collaboration between the two companies, extending from power generation to global green hydrogen projects.

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The project, which is part of Jeju Island's "Carbon Free Island 2030" initiative, will contribute to the island's goal of transitioning to renewable energy for all vehicles and electricity generation by 2030. It aims to use green hydrogen to power public vehicles and establish the largest hydrogen production facilities in the nation, bolstered by the island's rich natural resources and wind power.

Since the start of their strategic partnership in 2018, Bloom Energy and SK ecoplant have fortified their market leadership in power generation and the hydrogen economy, with SK ecoplant acting as a preferred distributor for Bloom’s fuel cells and electrolyzers in key markets. Together, they have deployed 400 megawatts of power generation technology.

According to the article by Procurement Resource, Bloom Energy and SK ecoplant are partnering for South Korea's first large-scale green hydrogen project, starting late 2025 on Jeju Island. Utilizing Bloom's electrolyzer technology, the initiative supports the island's 2030 renewable energy goals. The collaboration underscores both companies' commitment to advancing green hydrogen and enhancing South Korea's clean energy leadership. Since 2018, their partnership has deployed 400 megawatts of power generation capacity.