This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
Stocks Under $10 with 50-100% upside potential - 14 days FREE!

PureCell® Systems To Generate Clean, Sustainable Power For The Lotte World Tower In Seoul

In addition to providing power to help meet RPS, the PureCell systems will be supported locally by UTC Power's Korean subsidiary, UTC Power International Services - Korea, a Seoul-based fuel cell services company with dedicated PureCell system technicians.  "This first building application in Korea is an important milestone for the PureCell system, and is a testament to the proven performance of our other fuel cell installations in the country," said Eric Strayer, general manager of international sales at UTC Power.  "We are part of Korea's clean energy future and are developing local capabilities for service and installation."  In addition to the PureCell systems to be installed at the Lotte World Tower, UTC Power recently announced Korean South East Power Co. Ltd. (KOSEP), a public utility company in the greater Seoul area, will install seven PureCell systems at their Bundang facility in early 2013. As UTC Power's capacity grows in Korea, so does their capability to create a local clean energy workforce.

The PureCell system is a dependable and durable energy solution, with total expected efficiencies more than double those of traditional power generation sources. With its ultra-clean design, optimized performance and streamlined installation, the PureCell system is the recommended choice for facilities with baseload heat and power requirements, like the Lotte World Tower. This range of benefits is unique to the PureCell system and is unmatched in the fuel cell industry.

About Samsung Everland Inc. Samsung Everland, a Samsung Group affiliate, was founded in 1963 and is organized into five different divisions: Energy & Asset, Resort, Food & Culture, Golf and Environmental Development. In particular, Samsung Everland Environment & Asset Division has been a premier energy solution and asset management services provider in Korea for over 20 years. With the advent of renewable and clean energy initiatives in Korea, Samsung Everland Environment & Asset Division has been at the forefront of the government's initiatives in promoting renewable energy by developing different renewable energy projects. For more information, visit www.everasset.com

About UTC Power UTC Power Corporation is a subsidiary of United Technologies Corp. (UTC), which provides energy-efficient products and services to the aerospace and building industries. Based in South Windsor, Conn., UTC Power is the world leader in developing and producing fuel cells that generate energy for buildings and for transportation, space and defense applications. UTC Power has designed, manufactured, and installed more than 300 stationary fuel cells in 19 countries on six continents. For more information, please visit www.utcpower.com

Contact: Jennifer SagerPhone: 860-727-2485 Jennifer.Sager@utcpower.com

SOURCE UTC Power

Copyright 2011 PR Newswire. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.
2 of 2

Select the service that is right for you!

COMPARE ALL SERVICES
Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
DOW 16,960.57 -123.23 -0.72%
S&P 500 1,978.34 -9.64 -0.48%
NASDAQ 4,449.5640 -22.5440 -0.50%

Brokerage Partners

Rates from Bankrate.com

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs