Doosan Launches Geo Solution for Carbonfree Energy Push

As the global energy transition accelerates, Doosan Enerbility has launched a strategic initiative to establish leadership in the carbon-free energy sector through its newly formed subsidiary, Doosan Geo Solution.

The move represents a decisive step by the South Korean industrial giant to capitalize on emerging opportunities in the global shift toward sustainable energy systems. The newly established entity will focus on comprehensive management of carbon-free energy projects across their entire lifecycle.

The name "Doosan Geo Solution" reflects the company's commitment to developing sustainable energy solutions for the planet. The subsidiary will oversee all aspects of carbon-free energy projects, including development, investment, operation, and maintenance.

Key focus areas include:

• Offshore wind: Developing projects that harness marine wind resources for clean power generation
• Hydrogen energy: Investing in technological advancements for hydrogen production, storage, and utilization
• Fuel cells: Commercializing applications for distributed energy systems

This integrated approach aims to enhance profitability through electricity sales and dividend income while establishing stable revenue streams.

Bongjun Kim, Vice President of Doosan Enerbility's EPC Business Planning Division, emphasized that the new subsidiary was created to capitalize on significant opportunities in the carbon-free energy sector.

"Doosan possesses distinctive technological capabilities in offshore wind, hydrogen, and fuel cell sectors," Kim noted. "These advantages will serve as the foundation for rapid growth, supported by streamlined decision-making processes and specialized knowledge."

The company plans to establish collaborative relationships with domestic and international power equipment manufacturers and construction firms. Additionally, Doosan Geo Solution will pursue partnerships with ESG-focused investors while leveraging synergies with affiliated companies within the Doosan Group network.

With increasing global attention on climate change mitigation, carbon-free energy solutions have emerged as critical pathways toward achieving carbon neutrality and energy security. The establishment of Doosan Geo Solution reflects both corporate strategy and response to broader energy transition trends.

Through resource integration, strategic collaborations, and technological innovation, the new subsidiary is positioned to play a significant role in shaping sustainable energy systems for the future.