Bloom Energy, a fuel cell innovator that has deployed over 1 GW of clean, reliable power, is launching Series 10 — a ground-breaking, 10MW fuel cell offering with a five-year, flat-rate contract shipped in just 50 days, disrupting the traditional electricity-buying model. The Series 10 Bloom Energy Server enables customers to rapidly meet growing power needs and net-zero compliance at competitive costs and without committing to a long-term contract or worrying about cost increases.
“Bloom Energy is a proven innovator and market leader in offering distributed power generation that is clean and reliable,” said KR Sridhar, Founder and CEO of Bloom Energy. “We are now disrupting the buying model in the industry with proven technology and a first of its kind offering that will enable business leaders to take control of their power needs and protect their enterprises. We are lowering the barrier to entry with Series 10, which quickly deploys clean power at an affordable flat rate.”
The transition to net zero has created challenges across all industries, threatening energy security, availability, and resiliency. Businesses and communities have witnessed steep price increases, lack of power availability, and long-duration power outages. Customers are seeking rapid power capacity increases to grow their businesses with flexible options that will not bind them to long-term contracts.
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The 10 MW block design of the Series 10 optimizes cost, deployment speed, and operations by building on Bloom Energy’s proven modular Energy Server technology. Starting from $0.099/kWh*, the Energy Server can be shipped within 50 days for the shortest contract commitment to date — five years. The offer includes maintenance and 24/7 monitoring. Optional add-ons include microgrid and combined heat and power (CHP) compatibility.
Unlike intermittent technologies, the Series 10 offering guarantees 100% output for the duration of the term, which at 10 MW provides enough energy to power the equivalent of 8,000 homes. The Bloom Energy Server generates electricity through an electrochemical process rather than combustion, nearly eliminating harmful air pollutants that cause severe respiratory diseases and poor air quality. The Energy Server is net-zero compliant and can operate on hydrogen, responsibly sourced natural gas, renewable natural gas, or blends of these fuels.
“We’ve heard from customers that they need power now and flexibility through the energy transition,” said Tim Schweikert, Head of Global Sales at Bloom Energy. “With a short, five-year term, this offering fits the needs of a wide array of industries — from data centers to health care to utilities – and will change the way businesses buy power.”
Bloom leads the U.S. stationary fuel cell industry with roughly 95% of the market share of installed fuel cell capacity since 2018, delivering a powerful combination of resiliency, predictability, and sustainability.
SOURCE: BusinessWire