Bloom Energy and Quanta Computer Expand Partnership to Power AI Revolution
07 Novembro 2024 - 6:27PM
Business Wire
Expanded agreement to create Bloom’s largest
islanded, load-following industrial installation
Bloom Energy (NYSE: BE), a world leader in solid oxide fuel cell
(SOFC) technology, and Quanta Computer Inc. (TWSE: 2382.TW), a
premier Taiwanese electronics manufacturer, announced a major
expansion of an existing agreement to power the production of
critical hardware serving the AI industry. The new agreement
increases the power capacity of Quanta’s existing Bloom SOFC
installation by more than 150 percent and will circumvent a costly
utility interconnection delay to keep up with rapidly growing
demand for orders.
AI is one of the fastest growing technologies today that is
reshaping industries and poised to be a major economic driver
worldwide. Most AI data centers are located in the United States
and demand for Quanta servers to support these facilities is
quickly increasing, requiring access to reliable power – which is a
challenge in Silicon Valley where both real estate and grid power
are severely constrained.
When Quanta’s manufacturing expansion in Fremont was impeded by
costly interconnection delays to the local electric utility, they
turned to an islanded Bloom Energy SOFC microgrid installation to
reliably deliver the power it needed to serve the fast-paced AI
sector.
As demand for Quanta’s products continues to grow, the company
decided to expand its Bloom microgrid solution.
“Leaders in the AI industry like Quanta simply do not enjoy the
luxury of being able to wait for traditional grid infrastructure,
because the marketplace won’t wait for them,” said Aman Joshi,
Bloom Energy’s global Chief Commercial Officer. “Bloom’s SOFC
microgrids provide AI customers with a flexible, pay-as-you-grow
solution that is ready to scale and avoids additional transmission
or distribution upgrades. This effectively shortens interconnection
permitting associated with traditional infrastructures.”
Bloom is on-track to deliver the expanded power capacity for
Quanta ahead of schedule early next year, demonstrating significant
Time to Power advantages Bloom’s solution offers over the grid. The
expansion of this partnership will create Bloom’s largest islanded,
load-following industrial installation.
Bloom’s microgrid solution will continue to address Quanta’s
short- and long-term needs for energy and provide resilience to
unplanned power outages and predictability in energy costs.
About Bloom Energy
Bloom Energy empowers businesses and communities to responsibly
take charge of their energy. The company’s leading solid oxide
platform for distributed generation of electricity and hydrogen is
changing the future of energy. Fortune 100 companies around the
world turn to Bloom Energy as a trusted partner to deliver lower
carbon energy today and a net-zero future. For more information,
visit www.bloomenergy.com.
Forward Looking Statements
This press release contains certain forward-looking statements,
which are subject to the safe harbor provisions of the Private
Securities Litigation Reform Act of 1995. Forward-looking
statements generally relate to future events or our future
financial or operating performance. In some cases, you can identify
forward-looking statements because they contain words such as
“anticipate,” “believe,” “could,” “estimate,” “expect,” “intend,”
“may,” “should,” “will” and “would” or the negative of these words
or similar terms or expressions that concern Bloom’s expectations,
strategy, priorities, plans, or intentions. These forward-looking
statements include, but are not limited to, expectations regarding
the timing for delivery and installation of the microgrid, the
growth of AI, and related demand for electricity. Readers are
cautioned that these forward-looking statements are only
predictions and may differ materially from actual future events or
results due to a variety of factors including, but not limited to,
risks and uncertainties detailed in Bloom’s SEC filings. More
information on potential risks and uncertainties that may impact
Bloom’s business are set forth in Bloom’s periodic reports filed
with the SEC, including its Annual Report on Form 10-K for the year
ended December 31, 2023, and Quarterly Reports on From 10-Q for the
quarters ended March 31, 2024, and June 30, 2024, filed with the
SEC on February 15, 2024, May 9, 2024, and August 8, 2024,
respectively, as well as subsequent reports filed with or furnished
to the SEC. Bloom assumes no obligation to, and does not intend to,
update any such forward-looking statements.
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version on businesswire.com: https://www.businesswire.com/news/home/20241107990446/en/
Media Bloom Energy – Katja Gagen
(press@bloomenergy.com)
Investors Bloom Energy – Michael Tierney
(investor@bloomenergy.com)
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