Category Archives: News

Doosan Corporation Completes Construction of Korea’s Largest Fuel Cell Production Facility

On May 23, Doosan Corporation celebrated the completion of the construction of its new 10,744-square-meter fuel cell production facility at the second General Industrial Complex, Iksan-si, North Jeolla Province. The company invested about 40 billion won ($36 million) in building the facility. A fuel cell is an electrochemical device that converts hydrogen and oxygen into… Read More »

Nel acquires Proton OnSite to create world’s largest electrolyser company

The Norway-based business entered into a non-binding term sheet to acquire the US-based hydrogen technology company. The acquisition is described as as “strong strategic fit”, with synergies related to sales and commercialization, product portfolio, research and development (R&D) and best practices across the combined company.