Using a megawatt-class SOFC system, KSOE’s goal is to preemptively develop fuel cells for ships to enhance its competitive advantage in the future of shipbuilding. They will take the lead in designing the fuel cell arrangements specific to the marine environment and developing ship-linked system control technology. In a separate but related announcement, Ceres Power reported that it raised $252 million in a share placement and subscription to accelerate its investment in the development and potential commercialization of its solid-oxide electrolysis technology.
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