FuelCell Energy, Inc.
FCEL today
announced the execution of a series of strategic initiatives with its South
Korean partner, POSCO Energy, to expand the market for stationary fuel cell
power plants in Asia, including a license agreement for POSCO Energy to
manufacture Direct FuelCell® (DFC®) power plants in South Korea and sell
throughout Asia. POSCO Energy is Korea's largest independent power producer
and is a subsidiary of POSCO, a leading global steel producer.
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