Under this new alliance, Doosan will supply fuel cells to Doosan Energy Solutions America, a newly formed Doosan company focused on providing innovative energy products, to sell on-site electricity below market rate to commercial, industrial and municipal customers.
This program, Doosan Energy Services (DES), provides customers guaranteed savings along with the benefits of clean energy through a power purchase agreement with Doosan Energy Solutions America, where the customers only pay for the electricity produced, not any upfront or on-going costs related to fuel, installation or service.
Jeff Chung, president and CEO of Doosan Fuel Cell America, welcomed the new program, commenting, “We are providing an innovative, clean, hassle-free and resilient power solution that offers guaranteed savings to customers.”
Jim Kelly, business leader at Wells Fargo Vendor Financial Services noted, “We have a very strong relationship with Doosan. Collectively we were able to structure a program that meets their needs and position Doosan Fuel Cell America to grow their business. We look forward to continuing to expand our relationship with Doosan in the future.”
South Windsor, CT-based Doosan designs, engineers and manufactures fuel cells for commercial and industrial applications.
Tara Aasand Martha Ahlers Lynn Alstad Deborah Baker Laurie Bakke Sheri Bancroft Monica Bruegl Cynthia Caine Aylin N. Cankardes Susan Carol Tina Cartwright, CLFP Cheryl H. Cohen Lori Dennis, CLFP Dana Di Bruno Katie Emmel Aimee E. Evans Keelie Fitzgerald... read more
Nahid Zamir Senior Vice President, Front-End Operations, Business Capital, CIT Certified Public Accountant Member, Equipment Leasing and Finance Association Complex challenges such as integrating new technologies and re-engineering business processes can keep even the most experienced executives awake at night.... read more