California regulators have made significant changes to a state incentive program that will impact electric customers who use technology such as fuel cells. The changes could have a big impact on Bloom Energy, which has been a major beneficiary of the SGIP.
ClearEdge Power might not have amassed the funding of Bloom Energy, but it’s getting up there. On Tuesday fuel cell maker ClearEdge Power announced that it has raised a series E round of funding of $73.5 million.
Fuel cell maker ClearEdge Power plans to launch a fuel cell line targeted at data-center operators later this year. The move is part of a larger trend of fuel cell makers eying data-center operators as a new market for distributed cleaner power.
Silicon Valley’s fuel cell maker Bloom Energy continues to add customers looking to power part of their data center operations with distributed, cleaner power in California. NTT America plans to install five Bloom fuel cells at one of its data center facilities in San Jose, Calif.
The dream of the “hydrogen highway” in recent years has morphed into a tech for industrial applications like to power forklifts and fleet vehicles. Pike Research estimates that there will only be 5,200 hydrogen fueling stations throughout the world by 2020.
Electric bus maker Proterra announced Monday morning that it has raised $30 million from investors including Kleiner Perkins, GM Ventures, and Mitsui. Founded in 2004, Proterra makes drive components and energy storage systems for electric and hybrid buses, delivery vans and other commercial models.
Fuel cell maker Bloom Energy has scored a potential 30 MW (300 Bloom Box) contract with Delaware utility Delmarva Power, and Bloom plans to build a factory in Delaware as part of the deal. However, the deal is contingent on several conditions and regulatory approval.
On Friday afternoon Bloom Energy touted its growth, announcing that it has quadrupled the size of its factory in Sunnyvale, Calif. to 210,000 square feet, has grown its workforce by over 70 percent in 2010, and grown by 525 percent over the past four years.
Last week, fuel cell startup Bloom Energy launched its power purchase agreement business that repositions it from being a provider of fuel cells to a provider of the power those fuel cells generate. But what is a Bloom electron worth to Bloom’s would-be customers?
Today the DOE has awarded $92 million for 43 new projects under the highly competitive ARPA-E program for high risk greentech research, marking the last of the ARPA-E grants to be funded under the Recovery Act.