[Asia Economy Reporter Lee Jung-yoon] Daesung Industrial announced on the 30th that it has signed a Memorandum of Understanding (MOU) for business cooperation with H&Power for the development and sales of SOFC (Solid Oxide Fuel Cells).
The company stated the expected benefits as "Combining H&Power's hydrogen solution capabilities with the business sectors of the company and its affiliates, such as gas stations, LNG power plants, eco-friendly boilers, and renewable energy supply (geothermal heat pumps), to create synergy among affiliates."
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