January 9, 2018
Bloom Energy Japan Limited
Bloom Energy Japan Limited (“Bloom Energy Japan”) today announced the selection of its 8,350kW (8.35MW) Bloom Energy Server, an innovative and clean electricity generation system, by South Korea’s Korea South-East Power Corporation (“KOEN”) in an open bid for the Bundang combined thermal power plant (“Bundang Power Plant”), in which Bloom Energy Japan jointly participated with SK Engineering & Construction (“SK E&C”).
The Bloom Energy Server is a breakthrough solid oxide fuel cell technology that generates clean electricity at over 60% efficiency during initial performance. Bloom Energy Servers have been installed in many locations that require uninterrupted power supply such as data centers, manufacturing operations, communications, and facilities with high energy loads, including refrigeration and critical services in the United States.
For the Bundang Power Plant project, the capacity of the Bloom Energy Server will be 8.350kW and all the produced electricity will be sold to households and enterprises by KOEN.
In South Korea, all power companies with more than 500MW of generation capacity are obligated to produce a certain percentage of electricity by renewable and new energy sources, including fuel cells, under the Renewable Portfolio Standard (RPS) system. KOEN is installing Bloom Energy Servers to meet their RPS target.
The Bundang Power Plant project will be the very first installation case of industrial and commercial solid oxide fuel cell (SOFC) in South Korea*1 and the system will be utilizing natural gas from existing infrastructure. This is also the first project outside Japan for Bloom Energy Japan.
*1 Source: company research, as of January 2017.
Bloom Energy Japan will work to supply electricity generated by highly efficient Bloom Energy Servers to reduce carbon dioxide emissions and air pollution in the industrial sector not only in Japan, but also abroad.
About Bloom Energy Server at Bundang Power Plant:
|Location||Bundang-ro, 336, Bundang-gu,Sungnam-si,
Gyeonggi-do, South Korea
|Power Capacity||8,350kW (total 28 systems)|
|Rated Electric Efficiency||60%+(LHV) *3|
|Date of operation||in 2018|
*2 Including maintenance space.
*3 Initial performance.
Image of Bloom Energy Server
About Bloom Energy:
The company was founded in 2001 with a mission to make clean, reliable energy affordable for everyone in the world. Bloom Energy Servers are currently producing power for many Fortune 500 companies including Google, Walmart, AT&T, eBay, and The Coca-Cola Company. The company is headquartered in the United States at Sunnyvale, California. For more information, visit www.bloomenergy.com.
About Bloom Energy Server:
The Bloom Energy Server is a breakthrough solid oxide fuel cell technology generating clean, highly-efficient on-site power. The technology has roots in the NASA Space Program and is fundamentally different from the legacy “hydrogen” fuel cells. The Bloom Energy Server has the ability to run town gas, provides unmatched efficiency in converting fuel to electricity and is easily deployed and maintained. Bloom’s flexible, modular technology can be tailored in size to each customer’s need.
About Bloom Energy Japan:
Bloom Energy Japan was created to provide a reliable electricity alternative that is at once safe, clean, affordable, and compact, and provides electricity 24/7. With the establishment of the Joint Venture, SoftBank group adds distributed baseload power from Bloom Energy and further encourages the domestic use of clean energy complementing its existing portfolio of renewable energy sources such as solar and wind.
Name: Bloom Energy Japan Limited
Capital Structure: SB Power Management 50%
Bloom Energy Corporation 50%
Business Description: Provision and marketing of power generated by clean and reliable
fuel cells. Equipment importation, installation and other related
Representative Director and CEO: Shigeki Miwa
●SoftBank, the SoftBank name and logo are registered trademarks or trademarks of SoftBank Corp. in Japan and other countries.