• October 18, 2019

Bloom Energy and EnergyPower to Supply Reliable, Renewable, Zero Carbon Electricity From India’s BioWaste - Odessa American: Business

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Bloom Energy and EnergyPower to Supply Reliable, Renewable, Zero Carbon Electricity From India’s BioWaste

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Posted: Thursday, October 3, 2019 9:31 pm | Updated: 10:04 pm, Thu Oct 3, 2019.

SAN JOSE, Calif. & NEW DELHI--(BUSINESS WIRE)--Oct 3, 2019--

Bloom Energy and EnergyPower, today announced a joint effort to deploy an integrated solution for supplying clean, reliable power to local Indian businesses. Once complete, this project will be Bloom’s first commercial scale on-site biogas to electricity project in India.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20191003005877/en/

Rendering of Bloom Energy and EnergyPower biogas project in New Delhi, India (Photo: Business Wire)

EnergyPower will be deploying a new agricultural and municipal waste digester combined with Bloom Energy’s solid oxide fuel cell technology to deliver reliable, renewable power to customers in the Shirala district, Maharashtra. Anaerobic digesters will be used to breakdown and clean biowaste to produce biomethane, which will fuel Bloom Energy Servers. The project will have a tremendous environmental impact, as methane is 25 times more potent in the atmosphere than CO2 emissions.

“We are happy to bring Bloom Energy’s technology into our clean energy ecosystem at a time when India’s industrial sectors continue to grow,” said Shyam Vasantrao Raut, Chairman and Managing Director of EnergyPower. “After demonstration, we plan to deploy the solution in the majority of the states in India.”

Bloom Energy plans to install and operate 4 MW of Bloom Energy Servers at the plant in Shirala, Maharashtra in the first half of 2020.

“India’s growing economy is in need of reliable renewable power now more than ever,” said KR Sridhar, Founder, Chairman and CEO of Bloom Energy. “This collaboration not only produces renewable energy from bio-waste, but ensures it’s being used efficiently where needed.”

Developed in Silicon Valley, the Bloom Energy solid oxide fuel cell is the world’s highest efficiency electric generating device. Bloom Energy Servers can use natural gas, biogas, or hydrogen as fuel, and produce power without combustion through an electrochemical process that generates virtually no smog-forming emissions. With biogas as fuel, Bloom Energy Servers produce zero carbon electricity on-site, allowing easy deployment around the world without relying on the traditional grid. The Bloom Energy Servers will be manufactured and shipped from its factory in Newark, Delaware.

EnergyPower is a zero carbon and net zero emissions technology company that combines many clean energy sources, including solar, thermal, wind, waste heat, and hydroelectric to maximize overall utilization and efficiency of electricity generation in India. EnergyPower’s cutting-edge and disruptive technology, developed in collaboration with iAssure International Technologies Pvt. Ltd, Pune, is patent pending.

“The technology partnership between Bloom Energy and EnergyPower gives us a unique opportunity to provide clean energy to local communities and businesses,” said Venkat Venkataraman, Chief Technology Officer of Bloom Energy. “We see great opportunities with the combination of biogas technology and our fuel cells in India.”

Bloom Energy India has more than 250 employees in Mumbai and Bengaluru. The company has deployed a 3.5 megawatt project integrated with Intel’s smart and green building design providing reduced carbon dioxide emissions, delivered higher power quality, and a reliable solution for the campus electric supply. While the system has helped improved reliability of power availability, it has also helped reduce carbon emissions by at least 65% when compared to Indian national grid standards. The company also recently announced a first-of-its-kind commercial real estate development in Bangalore – the Whitefield Tower – that will be powered by clean reliable electricity generated on-site using natural gas.

About Bloom Energy

Bloom Energy’s mission is to make clean, reliable, and affordable energy for everyone in the world. The company’s product, the Bloom Energy Server, delivers highly reliable and resilient, ‘Always-On’ electric power that is clean and sustainable. Bloom’s customers include twenty-five of the Fortune 100 companies and leaders in cloud services and data centers, healthcare, retail, financial services, utilities and many other industries. For more information, visit www.bloomenergy.com

Cautionary Note Regarding Forward-Looking Statements:

Certain information contained in this release is forward-looking information based on current expectations and plans that involve risks and uncertainties. Forward-looking information includes, among other things, statements concerning the size of and timing of completion of the planned fuel cell project, the growth of the market for fuel cells in India and the extent of its anticipated environmental impact. The reader is cautioned not to put undue reliance on this forward-looking information, which is not a guarantee of future performance and is subject to a number of uncertainties and other factors, many of which are outside the control of Bloom Energy Corporation; accordingly, there can be no assurance that such suggested results will be realized. Certain factors discussed in the “Risk Factors” section of Bloom Energy’s Annual Report on Form 10-K for the year ended December 31, 2018, its Quarterly Report on Form 10-Q for the quarter ended June 30, 2019 and subsequent filings with the Securities and Exchange Commission, could cause actual results to differ materially from expectations as suggested by such forward-looking information. The information in this press release is as of October 7, 2019. Bloom Energy Corporation expressly disclaim any obligation to update any forward-looking information, except as required by law.

View source version on businesswire.com:https://www.businesswire.com/news/home/20191003005877/en/

CONTACT: Natalia Blank

Bloom Energy

T: (408) 543-1566

natalia.blank@bloomenergy.com

KEYWORD: CALIFORNIA UNITED STATES NORTH AMERICA ASIA PACIFIC INDIA

INDUSTRY KEYWORD: ALTERNATIVE ENERGY ENERGY UTILITIES

SOURCE: Bloom Energy

Copyright Business Wire 2019.

PUB: 10/03/2019 10:30 PM/DISC: 10/03/2019 10:31 PM

http://www.businesswire.com/news/home/20191003005877/en

© 2019 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

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