Enogia signs multi-million euro contract in South Korea

Enogia has signed a major multi-million euro contract in South Korea to equip the fuel cell fleet located at the Taewha site in LOTTE FINE CHEMICAL.

The objective is to convert waste heat into low-carbon electricity, thanks to 6 compact ORC modules, with a 20-year long-term service contract (LTSA).

This project, coordinated by SK Telecom alongside LOTTE FINE CHEMICAL and LOTTE SK Eneroot, is a first: a “waste heat to power” project on fuel cells entirely financed by private capital.

This contract will contribute to revenue from 2026.

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