Bloom Energy Announces World’s Largest Fuel Cell Installation in History
07 Novembro 2024 - 6:28PM
Business Wire
80 MW SOFC project demonstrates Bloom’s
ability to operate at large scale and the company’s transformative
role in the worldwide energy transition
Bloom Energy (NYSE: BE), a world leader in solid oxide fuel cell
generation (SOFC) and solid oxide fuel cell electrolyzer (SOEC)
technologies, today announced a landmark project to deliver fuel
cells to the largest single-site installation to date in history.
The 80 MW project, developed in partnership with SK Eternix, will
power two ecoparks in North Chungcheong Province, South Korea,
providing reliable, sustainable energy for critical infrastructure
and regional development. The project is expected to begin
commercial operations in 2025.
As part of the financing agreement, Bloom Energy will supply its
world-class SOFCs and lead equipment management and maintenance.
The project finance, led by Korea Development Bank, marks the
largest project financing for fuel cells in the history of South
Korea.
“This groundbreaking 80 MW installation underscores the
scalability and reliability of our SOFC technology for large and
complex projects,” said KR Sridhar, Founder, Chairman, and CEO of
Bloom Energy. “Our collaboration with SK Eternix is a testament to
our ability to build strong partnerships with global leaders and
bring Bloom’s clean, resilient power solutions to international
markets.”
“This successful financing agreement reaffirms the market’s
trust and expectations for our renewable energy capabilities,” said
Hae-zoong Kim, Chief Executive Officer of SK Eternix. “As a leading
company in Korea’s renewable energy sector, we will continue to
expand eco-friendly projects that support regional
sustainability.”
SK Eternix, formally a division of SK D&D prior to its spin
off as a separate public entity, is a longtime partner of Bloom
Energy in South Korea and has been a distributor of Bloom’s energy
solutions in South Korea since 2019. The new financing agreement
builds on the success of the companies’ existing partnership and
demonstrates the international market’s continued confidence in
Bloom’s SOFC technology to power critical industries around the
globe. Bloom Energy is a global leader in stationary fuel cell and
power generation with 1.3 GW deployed worldwide.
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.
About SK Eternix
SK Eternix was newly launched in March 2024. Based on a diverse
portfolio of renewable energy including solar, onshore wind power,
and ESS, SK Eternix firmly establishes its position as a leading
company. Furthermore, it pursues sustainable management and expands
its business scope to power trading, fuel cell, and offshore wind
power to secure future growth momentum.
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, the project’s timing,
and expectations that the installation will be the largest
single-site fuel cell installation in history. 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/20241107710661/en/
Media Bloom Energy – Katja Gagen
(press@bloomenergy.com)
Investors Bloom Energy - Michael Tierney
(investor@bloomenergy.com)
Bloom Energy (NYSE:BE)
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