Doosan Fuel Cell Invests 57.4 Billion KRW to Expand Fuel Cell Production Facilities
[Asia Economy Reporter Moon Hyewon] Doosan Fuel Cell announced on the 22nd that it has decided to invest 57.4 billion KRW to expand production facilities for power generation phosphoric acid fuel cells (PAFC).
The investment amount corresponds to 34.3% of the company's equity capital as of the end of last year.
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The company stated, "This is to respond to the power generation fuel cell market and strengthen growth engines," adding, "The funds required for the above investment will be covered by the capital raised through a paid-in capital increase."
This content was produced with the assistance of AI translation services.
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