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Solid Oxide Fuel Cell Market to Grow Owing to Rising Energy Demand

The Global Solid Oxide Fuel Cell Market is estimated to be valued at USD 1,158.9 Mn in 2025 and is expected to exhibit a CAGR of 22.21% over the forecast period 2025 to 2032.

Solid oxide fuel cells (SOFCs) are electrochemical devices that generate electricity directly from oxidizing a wide range of fuels—such as natural gas, hydrogen, biogas, or even synthesis gas—over a solid ceramic electrolyte. These systems offer high electrical efficiencies of up to 60%, combined heat and power (CHP) capabilities, fuel flexibility, and near-zero on-site emissions of greenhouse gases and pollutants.

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01:04 PM - May 14, 2025 (UTC)

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