Doosan Fuel Cell cancels $273m hydrogen fuel cell contract: reports

The future is also electric at Hyundai, only the battery as the only energy source the Koreans reject. They continue to stand persistently for the fuel cell - and show a new Nexo.

Doosan Fuel Cell cancels $273m hydrogen fuel cell contract: reports

Doosan has reportedly scrapped its 110MW fuel cell system supply contract after prolonged delays in receiving the go-ahead to begin the project.

H2-View News: Doosan Fuel Cell cancels $273m hydrogen fuel cell contract: reports

Doosan reportedly agreed to terminate its 110MW fuel cell system supply contract signed with Korea Hydro & Nuclear Power Engineering, Kumho Technology and LS Electric, due to prolonged delays in receiving the notice to proceed. However, the South Korean firm said there would be no financial impact on the company as the contract did not involve any advance payments or deposits and had not been reflected in their order backlog or financial stateme…

Doosan Fuel Cell Terminates Major Hydrogen Fuel Cell Deals

Doosan Fuel Cell faces setbacks after cancelling three hydrogen contracts worth $560 million due to delays and financial challenges, raising doubts about project viability.