GE’s got a new idea for how to make a key part for a lower cost fuel cell, and its using a new business model to launch it commercially.
The British hydrogen fuel cell company Intelligent Energy (IE) has floated on the London Stock Exchange at a valuation of $1.1 billion. The firm raised $69 million in the Thursday IPO for 8.8 percent of its shares, along with $27 million from Singaporean wealth fund GIC, which now owns around 10 percent of the firm. IE will use the money to sell backup power units for cellular base stations in India, and to support the launch of its Upp personal energy generator (pictured), according to the Financial Times. Early reviews suggest one Upp hydrogen cartridge can charge a mobile device 5 times. IE, which has been developing its technology for 13 years, also plans to make fuel cells for vehicles.
Following a milestone of installing 100 MW of its fuel cells in the U.S., Bloom Energy makes headway in Japan.
The world’s first data center powered primarily with fuel cells has finally been switched on in Utah by its owner, eBay. Its an unusual test bed which will give eBay insight into cleaner power and distributed energy.
Fire prevention is the latest benefit of using fuel cells in data centers, according to data center giant Equinix, a German project developer and fuel cell maker Fuji Electric.
Verizon is now the latest customer of Silicon Valley’s buzzy fuel cell company Bloom Energy. The trend of telecom and Internet companies increasingly turning to clean power options continues to grow.
Apple has decided to more than double the size of its fuel cell project at its data center in North Carolina, making it — once again — the largest out there that isn’t owned by a utility. For awhile eBay was holding that title.
Microsoft will soon start construction on an experimental micro data center at a waste water treatment plant in Wyoming. The concept could help Microsoft scale up clean power for its data centers.
The power outages caused by Hurricane Sandy on the east coast highlight the needs for a much greater investment in smart grid technology, energy storage systems, clean power, and ultimately a move to a more decentralized power grid architecture.
AT&T is now Bloom Energy’s largest corporate customer and has doubled its previously announced fuel cell deal. The news is the latest win for Bloom Energy as it continues to brings in tech customers that want to power facilities and data centers.