Doosan Enerbility Establishes Carbon-Free Energy Development Subsidiary 'Doosan Geo Solution'

Doosan Enerbility announced on the 16th that it has decided to establish a carbon-free energy specialized subsidiary, 'Doosan Geo Solution.'

On the same day, Doosan Enerbility held a board meeting and resolved to register Doosan Geo Solution as a 100% subsidiary. The company name combines 'Geo,' meaning Earth, and 'Solution,' signifying an answer, reflecting the intention to expand eco-friendly carbon-free energy businesses for a sustainable planet.

Doosan Geo Solution plans to undertake developer projects that discover carbon-free energy initiatives such as offshore wind power, hydrogen, and fuel cells, overseeing everything from investment to operation, maintenance, and management. It will build cooperative relationships with domestic and international power generation equipment and construction companies to identify development opportunities and seek synergies with Doosan Group affiliates like Doosan Fuel Cell.

Doosan Enerbility expects to secure carbon-free energy business rights and stable sales through the subsidiary. Kim Bong-jun, Executive Director of Doosan Enerbility, who has been preparing for the establishment of the new corporation, stated, "With competitive proprietary technologies in offshore wind power, hydrogen, and fuel cells, we will accelerate business growth by adding swift decision-making and expertise."

This content was produced with the assistance of AI translation services.