Bloom Energy Inaugurates High Volume Electrolyzer Production Line
November 02 2022 - 2:57AM
Business Wire
Manufacturing capacity grows from controlled
production to high volume hydrogen electrolyzer manufacturing
Bloom Energy Corporation (NYSE: BE), today, inaugurated its high
volume commercial electrolyzer line at the company’s Newark
facility, increasing the company’s generating capacity of
electrolyzers to two gigawatts. The award-winning technology is the
most energy-efficient design to produce clean hydrogen to date.
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U.S. Senator Tom Carper, center, attends
the inauguration of Bloom Energy's high-volume electrolyzer
production line in Newark, Del. Tuesday alongside company
executives and manufacturers. (Photo: Business Wire)
In the last decade, the facility has produced over 1 gigawatt
(GW) of resilient, sustainable, and cost-effective fuel cell-based
Energy Servers. The Bloom Electrolyzer relies on the same,
commercially proven solid oxide technology platform used to produce
electricity, so streamlining existing manufacturing for higher
volume electrolyzer output allows Bloom to best meet the needs of
the market.
The technology’s significant capabilities for hydrogen
production are being demonstrated in partnerships with Xcel Energy
and Idaho National Labs to harness nuclear and steam power, and
will be demonstrated with LSB Industries, Inc. to decarbonize
industrial and agricultural sectors. Internationally, the
technology is in use in South Korea.
“Through the domestic production of technologies like Bloom
Energy’s electrolyzer, we are making strides towards American
energy independence, as well as a sustainable clean hydrogen
market, which is critical for decarbonizing hard-to-abate
industries like fertilizer, steel, cement, and aviation,” said
Sharelynn Moore, Executive Vice President and Chief Business
Development and Marketing Officer, Bloom Energy. “Our employees
work every day to overcome one of humanity’s greatest challenges,
and today’s inauguration celebrates their strength and ability to
transform a successful manufacturing plant into a world class
facility committed to a secure, net-zero energy future.”
The Bloom Electrolyzer supports a trajectory for hydrogen to
become economically accessible by producing hydrogen up to 45
percent more efficiently than PEM and alkaline electrolyzers when
combined with external heat. By operating at high temperatures,
Bloom’s electrolyzer consumes 15 percent less electricity than
other electrolyzer technologies when electricity is the sole input
source. This allows for the Bloom Electrolyzer to be deployed
across a broad variety of commercial hydrogen applications, using
multiple energy sources, including intermittent renewable energy
and excess heat at manufacturing facilities and businesses.
Electrolyzer production demonstrates the growing momentum for
American clean energy manufacturing following the passage of the
Inflation Reduction Act (IRA) earlier this year, which supports
technologies and financial mechanisms that will make the United
States’ transition to clean energy a reality.
In addition to its work on the east coast, Bloom Energy marked
the expansion of its growing American manufacturing footprint this
July, with the grand opening of its new state-of-the-art, 164,000
square foot, multi-gigawatt facility in Fremont, California. This
facility represents a $200 million investment and is expected to
create more than 400 additional clean energy jobs by year-end,
bringing Bloom’s California headcount to nearly 2,000 in addition
to its 715 Delaware employees.
Forward-Looking Statements
This press release contains certain forward-looking statements
that 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, Bloom’s expectations
regarding the efficiency of the Bloom Electrolyzer, the timing,
quantity and type of applications for deployment of the Bloom
Electrolyzer. 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, 2021, filed with the SEC on
February 25, 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, as well as
subsequent reports filed with or furnished to the SEC from time to
time. Bloom assumes no obligation to, and does not currently intend
to, update any such forward-looking statements.
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.
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Media Relations: Press@bloomenergy.com
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