SOLID OXIDE FUEL CELL MARKET ANALYSIS

Leading Companies

Global Solid Oxide Fuel Cell Market: Key Developments

In August 2019, Bloom Energy Corporation introduced a novel AlwaysON Microgrid Solution for providing customers with energy resiliency to face outages.

In September 2019, Sunfire GMBH entered into partnership with Ensol Systems, a leading manufacturer and supplier of off-grid power solution based in Canada, for integrating, distribution, and service of Sunfire fuel cells in North America.

In December 2020, Ceres Power Holdings plc. announced its collaboration with Robert Bosch GmbH to scale up the mass production of solid oxide fuel cell systems, with a 200MW initial capacity by 2024.

In March 2021, Elcogen AS and Mainor Ulemiste partnered for the development of a 50 MW solid oxide fuel cells and stack production facility in Tallinn with an investment of US$ 6.3 million.

Global Solid Oxide Fuel Cell Market: Key Companies Insights

The global solid oxide fuel cell market is highly competitive. This is attributed to continuous launch of new technologies due to ongoing R &D and efforts by value chain participants. Moreover, key players are adopting various business growth strategies in order to expand their presence on regional as well as global basis.

Some of the key players in the global solid oxide fuel cell market are H2E Power Systems Inc., Mitsubishi Power, Ltd., CONVION Ltd., Watt Fuel Cell Corporation, Elcogen AS, Bloom Energy Corporation, Ceres Power Holdings plc., and Sunfire GmbH