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Gyeonggi Green Energy Fuel Cell Project

Sector: Power Generation (CCGT) • Location: Hwaseong, Gyeonggi Province, South Korea

Source: FOX 2

Project
Awarded

FuelCell Energy has secured $25 million in repeat financing from the Export-Import Bank of the United States (EXIM) to support the next phase of the Gyeonggi Green Energy (GGE) fuel cell project in South Korea. The financing will fund production of fuel cell modules for the final phase of upgrading 42 fuel cells at GGE's Hwaseong Baran Industrial Complex, providing firm, efficient, and reliable ba

Status
Closed
Sector
Power Generation (CCGT), Manufacturing (Industrial), Power Transmission, Hydrogen
Location
Hwaseong, Gyeonggi Province, South Korea
Updated
22 Jul 2026
Source
FOX 2

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Project Information

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The project “Gyeonggi Green Energy Fuel Cell Project” is an infrastructure initiative in the Power Generation (CCGT) sector, located in Hwaseong, Gyeonggi Province, South Korea. Taiyo aggregates data on it from FOX 2.

Participants

Not available for this record.

Status

Original status

awarded

Taiyo status

Closed

Taiyo last update

2026-07-22

Contact

Not available for this record.

Description

Description

FuelCell Energy has secured $25 million in repeat financing from the Export-Import Bank of the United States (EXIM) to support the next phase of the Gyeonggi Green Energy (GGE) fuel cell project in South Korea. The financing will fund production of fuel cell modules for the final phase of upgrading 42 fuel cells at GGE's Hwaseong Baran Industrial Complex, providing firm, efficient, and reliable baseload power to the utility market in South Korea and other international markets.

Original sector

Energy

Budget

Location

Country

South Korea

State

Gyeonggi Province

City

Hwaseong

Source

Source

FOX 2

URL

More Details

Record type

Project

Sector

Power Generation (CCGT), Manufacturing (Industrial), Power Transmission, Hydrogen

Article published date

2025-12-04

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