Bloom Energy announces solid oxide fuel cell installation

Bloom Energy BE announced the installation of the first phase of a 10-megawatt solid oxide fuel cell in Unimicron Technology Corporation in Taiwan. The contract was delivered within five months from order, demonstrating the ability of Bloom Energy to quickly deliver power solutions to customers.

BE’s energy platform protects company facilities against outages and weather-related grid disruptions. Bloom’s technology also enables customers to take charge of their energy by locking in a large portion of their electricity cost.

With the first 600 kilowatt Energy Server installed at the Unimicron plant, Bloom Energy has successfully scored its first Taiwan deployment of its fuel cell technology. However, BE enjoys a strong presence in Asia, having already deployed its solid oxide fuel-cell based Energy Server in three more Asian countries. It has also started the installation of two larger-capacity Bloom fuel cell systems at other Unimicron plants.

The rising demand for adopting clean energy and reduce carbon emission over growing concerns of the environmental impact of energy generation from conventional sources like coal has been a key driver behind the solid growth observed lately in the Asia-Pacific fuel cell market. Thus, the company may expect to witness more such installation in the near future in this region.

Per a Grand View Research report, the global Solid Oxide Fuel Cell (SOFC) market size is valued at $463.7 million in 2022 and is expected to witness a compound annual growth rate of 41.5% from 2023 to 2030.

Apart from Bloom Energy, some other prominent players in the global SOFC market are Gevo Inc. GEVO and FuelCell Energy Inc. FCEL.