The production capacity grows from controlled production to high production hydrogen electrolyzer
NEWARK, Del., November 02, 2022–(BUSINESS WIRE)– Bloom Energy Corporation (NYSE: BE ), today, launched its first line of commercial electrolyzers at the company’s Newark facility, expanding the company’s capacity to produce electrolyzers to two gigawatts. The award-winning technology is the most efficient design to produce clean hydrogen to date.
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US Senator Tom Carper, center, attends the launch of Bloom Energy’s advanced electrolyzer line in Newark, Del. Tuesday with company executives and manufacturers. (Photo: Business Wire)
Over the past decade, the facility has produced more than 1 gigawatt (GW) of resilient, sustainable, and cost-effective fuel cell-based Energy Servers. The Bloom Electrolyzer relies on a commercially proven thick oxide technology platform used to generate electricity, so the current product optimization for high volume electrolyzer production allows Bloom to better meet market needs.
Significant hydrogen production technologies are being demonstrated in collaboration with Xcel Energy and Idaho National Labs for the use of nuclear and steam power, and will be demonstrated with LSB Industries, Inc. decarbonizing the industrial and agricultural sectors. Internationally, the technology is being used in South Korea.
“Through the domestic production of technologies like Bloom Energy’s electrolyzer, we are making strides towards America’s energy independence, and a sustainable market for clean hydrogen, which is critical to eliminating carbon in heavy-duty fertilizer, steel, cement and aviation industries. “, said Sharelynn Moore, Executive Vice President and Chief Business Development and Marketing Officer, Bloom Energy. “Our employees work every day to overcome one of society’s greatest challenges, and today’s launch celebrates their energy and ability to transform a successful manufacturing plant into a world-class facility dedicated to to a safe, energy-free future.”
The Bloom Electrolyzer supports the trajectory of hydrogen to be economically accessible by producing hydrogen up to 45 percent more efficiently than PEM and alkaline electrolyzers when combined with external heat. By operating at higher temperatures, the Bloom electrolyzer uses 15 percent less electricity than other electrolyzer technologies when electricity is the main input source. This allows the Bloom Electrolyzer to be deployed in a variety of commercial hydrogen applications, using multiple energy sources, including intermittent renewable energy and excess heat in manufacturing and industrial facilities.
The production of the Electrolyzer shows the growing growth in the production of clean energy in the United States after the passage of the Inflationary Reduction Act (IRA) earlier this year, which supports the technology and financial methods that will make the United States change to clean energy a reality.
In addition to its work on the east coast, Bloom Energy marked an increase in the growth of American manufacturing this July, with the grand opening of its new state-of-the-art, 164,000 square foot, multi-gigawatt facility in Fremont, California. The facility represents a $200 million investment and is expected to create more than 400 additional clean energy jobs by the end of the year, bringing Bloom’s California headcount to nearly 2,000 in addition to its 715 Delaware employees.
This press release contains forward-looking statements that are subject to the safe harbor provisions of the Securities Reform Act of 1995. Forward-looking statements generally relate to future events or our financial future or performance. In some cases, you can identify forward-looking statements because they contain words such as “expect,” “believe,” “may,” “estimate,” “expect,” “intend,” “may,” “should,” “will,” and “ask.” ” or the impropriety of these words or similar words or phrases relating to Bloom’s expectations, strategy, priorities, plans or goals. These forward-looking statements include, but are not limited to, Bloom’s expectations regarding Bloom Electrolyzer performance, timing, quantity and type of Bloom Electrolyzer deployment requests. More information about the potential risks and uncertainties that may affect Bloom’s business is described in Bloom’s periodic reports filed with the SEC, including the Annual Report on Form 10-K for the year ended December 31, 2021, filed with the SEC on February 25, I -2022, and its Quarterly Reports on Form 10-Q for the quarters ended March 31, 2022 and June 30, 2022, filed with the SEC on May 6, 2022 and August 9, 2022, respectively, and subsequent reports filed or furnished to the SEC during those periods at times. Bloom assumes no responsibility, and does not currently intend, to update any forward-looking statements.
About Bloom Energy
Bloom Energy empowers businesses and communities to take charge of their energy. The company’s leading solid oxide platform for generating electricity and hydrogen is changing the future of energy. Fortune 100 companies around the world turn to Bloom Energy as a trusted partner for delivering low-carbon energy today and a net-zero future. For more information, visit www.bloomenergy.com.
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