Bloom Energy Corporation commented on September 10, 2025, regarding the results of the recent Korea Hydrogen Portfolio Standard auction. The company expects shipment volumes to Korea to be similar in 2024 and the coming years to what they have been recently.
As previously disclosed, Bloom's partner, SK ecoplant Co., Ltd., is expected to purchase 500 megawatts (MW) of Bloom solid oxide fuel cells between January 1, 2024, and December 31, 2027. This reaffirms a significant long-term commitment.
Bloom expressed confidence in its partners in Korea and the transformative potential of its fuel cells in the Korean energy market. The public auction is noted as just one mechanism for sales, with other development projects also underway.
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