UTC Power fuel cells heading to South Korea

South Windsor, Conn.-based UTC Power, a subsidiary of United Technologies (NYSE: UTX), said today that South Korea's Samsung Everland has purchased 12 UTC fuel cell systems for installation at a plant in the town of Anyang, just outside Seoul.

UTC said the 4.8 megawatt fuel cell plant will be operational in September 2009 and will be one of the largest fuel cell installations in the world. Financial terms of the deal were not disclosed.

Samsung Everland, part of the Samsung Group, will install the 12 UTC Power 400 kilowatt systems at a plant owned by GS Power, with the electricity providing power for about 5 percent of Anyang's population. The fuel cell system is expected to generate a total output of 40,000 megawatt hours per year.

"This new 400 kW UTC Power fuel cell is being embraced by customers who want to improve their energy productivity, enhance their electrical infrastructure reliability and reduce their environmental impact," said Jan van Dokkum, president of UTC, in a statement.

"Korea is a key market for UTC Power and we are very pleased to be working with Samsung Everland."

Earlier this year, Samsung Everland signed an exclusive deal to promote and distribute UTC's PureCell Model 400 systems in South Korea, with future plans to establish local service and a manufacturing presence.

In June, UTC was selected by the New York Power Authority to provide 12 of the same PureCell units for the Freedom Tower and three other new towers under construction at the World Trade Center site in New York (see UTC Power wins 4.8MW World Trade Center fuel cell bidUTC Power wins 4.8MW World Trade Center fuel cell bid).

UTC will supply four 1.2 megawatt systems for the new towers under that deal.

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