Bloom Energy Announces Largest Silicon Valley Data Center Power Capacity Agreement
10 May 2024 - 6:10AM
Business Wire
New Installation will be powering Silicon
Valley’s Largest Fuel Cell Powered most energy-efficient Intel
Corporation High-Performance Computing Data Center
Bloom Energy (NYSE: BE), a global leader in solid oxide fuel
cell technology, announced today a power capacity agreement with
Intel Corporation that will result in Silicon Valley’s largest fuel
cell-powered high-performance computing data center.
The agreement calls for the installation of additional megawatts
(MW) of Bloom Energy’s fuel cell-based Energy Server at Intel’s
existing high-performance computing data center in Santa Clara, CA.
The additional capacity expands an existing Bloom Energy fuel cell
installation already deployed at the tech giant’s location since
2014. The resulting installation will be the single largest fuel
cell-powered high-performance computing data center in Silicon
Valley.
Bloom’s fuel cell technology offers an ideal power solution for
energy-intensive data centers that demand reliable electricity
generation. Bloom’s offerings can be deployed as Grid Parallel in
conjunction with utility power to meet dual source energy needs of
a Data Center or as Grid Independent by completely avoiding
transmission infrastructure. With the ability to operate in a fully
islanded microgrid mode, Grid Independent configurations circumvent
delays, costs, and constraints associated with grid-based power and
can be deployed in weeks on a skid mounted, moveable platform.
“Bloom Energy is proud to be a long-term supplier to Intel and
to support the company’s data center capacity building at a time
when the grid is severely constrained,” said Ravi Prasher, Bloom
Energy’s Chief Technology Officer. “Bloom Energy technology is
compatible with hydrogen fuel in addition to natural gas. We are
working with governments and industries to adopt hydrogen as a
primary fuel when it becomes economically viable. Intel’s
confidence in our fuel cell technology is a testament to Bloom’s
ability to reliably meet the energy needs of cutting edge and
high-performance IT infrastructure.”
“Intel is leading the industry in extreme energy-efficient
high-performance computing data centers with existing hyperscale
Intel Santa Clara Data Center operating at 1.06 PUE, enabling the
HPC scale needed for complex Intel chip design and technology
development,” said Shesha Krishnapura, Intel Fellow, and Intel IT
Chief Technology Officer. “Intel HPC Data Center infrastructure
currently powers 400,000+ Intel® Xeon® based servers (5+ million
highest clock cores), 700+ petabytes of storage, and 800,000+
network ports. To meet additional HPC scale needed for Intel
Products and Intel Foundry, Intel is leveraging Bloom Energy
technology to power the next Data Center expansion.”
As the energy demands of data centers surge across the globe,
Bloom Energy’s fuel cells offer a proven solution. Rapidly
deployable, on-site energy generation provides operators with the
ability to scale to meet the future needs of ever-changing
businesses.
About Bloom Energy
Bloom Energy’s mission is to make clean, reliable energy
affordable for everyone in the world. Bloom Energy’s product, the
Bloom Energy Server, delivers highly reliable and resilient,
always-on electric power that is clean, cost-effective, and ideal
for microgrid applications. Bloom Energy’s customers include many
Fortune 100 companies and leaders in manufacturing, data centers,
healthcare, retail, higher education, utilities, and other
industries. For more information, visit www.bloomenergy.com.
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, expectations concerning
the size of the data center, use of hydrogen as a fuel when
economically viable, and the energy demands of data centers.
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, our ability to comply with the terms of the tax credit,
including our proposed investment in the Fremont manufacturing
facility, and other 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, filed with the SEC on
February 15, 2024, 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/20240509744270/en/
Bloom Media Contact press@bloomenergy.com
Bloom Investor Contact Ed Vallejo
investor@bloomenergy.com
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