The board of Doosan Fuel Cell approved investment in the construction of a solid oxide fuel cell plant on 19th. This plan includes 72.4 billion won ($63 million) investment by the end of 2023 to build stationary SOFC cells and stacks manufacturing and system assembly line. On the same day, Doosan Fuel Cell also signed a joint development agreement with Ceres Power, a British SOFC technology company, to develop SOFC.
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