Bloom Energy and Quanta Computer Expand Partnership to Power AI Revolution
Bloom Energy (NYSE: BE) and Quanta Computer announced an expansion of their existing agreement to power AI hardware production. The deal increases Quanta's current Bloom SOFC installation power capacity by over 150%. The expanded partnership will create Bloom's largest islanded, load-following industrial installation and helps circumvent utility interconnection delays in Silicon Valley. The solution addresses Quanta's growing power needs for AI server manufacturing in Fremont, where grid power is constrained. Bloom plans to deliver the expanded capacity ahead of schedule in early next year, providing resilience against power outages and predictable energy costs.
Bloom Energy (NYSE: BE) e Quanta Computer hanno annunciato un'espansione del loro accordo esistente per alimentare la produzione di hardware per l'IA. L'accordo aumenta la capacità di potenza dell'attuale impianto SOFC di Bloom di Quanta di oltre il 150%. La partnership ampliata creerà l'installazione industriale più grande di Bloom in modalità isolata e di seguimento del carico, aiutando a evitare i ritardi nelle interconnessioni con l'utility nella Silicon Valley. Questa soluzione risponde alle crescenti necessità energetiche di Quanta per la produzione di server IA a Fremont, dove la potenza della rete è vincolata. Bloom prevede di fornire la capacità ampliata in anticipo, all'inizio del prossimo anno, offrendo resilienza contro le interruzioni di corrente e costi energetici prevedibili.
Bloom Energy (NYSE: BE) y Quanta Computer anunciaron una expansión de su acuerdo existente para impulsar la producción de hardware de IA. El acuerdo aumenta la capacidad de potencia de la instalación SOFC de Bloom de Quanta en más del 150%. La asociación ampliada creará la instalación industrial independiente y de seguimiento de carga más grande de Bloom y ayudará a eludir los retrasos en la interconexión de servicios públicos en Silicon Valley. La solución aborda las crecientes necesidades energéticas de Quanta para la fabricación de servidores de IA en Fremont, donde la energía de la red es limitada. Bloom planea entregar la capacidad ampliada antes de lo previsto a principios del próximo año, brindando resiliencia contra cortes de energía y costos energéticos predecibles.
블룸 에너지 (NYSE: BE)와 퀀타 컴퓨터는 AI 하드웨어 생산을 위한 기존 계약의 확대를 발표했습니다. 이 거래는 퀀타의 현재 블룸 SOFC 설치 용량을 150% 이상 증가시킵니다. 확장된 파트너십은 블룸의 가장 큰 독립형 부하 추적 산업 설치를 창출하고 실리콘 밸리에서의 유틸리티 연결 지연을 우회하는 데 도움을 줍니다. 이 솔루션은 그리드 전력이 제한된 프리몬트에서 AI 서버 제조를 위한 퀀타의 증가하는 전력 요구를 해결합니다. 블룸은 내년 초에 확대된 용량을 예정보다 앞당겨 제공할 계획이며, 전력 중단에 대한 회복력과 예측 가능한 에너지 비용을 제공합니다.
Bloom Energy (NYSE: BE) et Quanta Computer ont annoncé une extension de leur accord existant pour alimenter la production de matériel IA. Cet accord augmente la capacité de puissance de l'installation SOFC actuelle de Bloom par Quanta de plus de 150 %. Le partenariat élargi créera la plus grande installation industrielle autonome et à charge variable de Bloom, et contribuera à contourner les retards d'interconnexion avec les utilitaires dans la Silicon Valley. La solution répond aux besoins croissants en énergie de Quanta pour la fabrication de serveurs IA à Fremont, où l'alimentation du réseau est limitée. Bloom prévoit de livrer la capacité étendue en avance, au début de l'année prochaine, offrant ainsi une résilience contre les coupures de courant et des coûts énergétiques prévisibles.
Bloom Energy (NYSE: BE) und Quanta Computer haben eine Erweiterung ihrer bestehenden Vereinbarung zur Energieversorgung der KI-Hardwareproduktion angekündigt. Der Deal erhöht die aktuelle Leistungskapazität der Bloom SOFC-Installation von Quanta um über 150%. Die erweiterte Partnerschaft wird die größte inselbetriebene, lastenfolgende Industrieinstallation von Bloom schaffen und hilft, Verzögerungen bei der Anschlussverbindung in Silicon Valley zu umgehen. Die Lösung adressiert die wachsenden Energiebedürfnisse von Quanta für die Herstellung von KI-Servern in Fremont, wo die Netzstromversorgung eingeschränkt ist. Bloom plant, die erweiterte Kapazität voraussichtlich Anfang nächstes Jahr vorzeitig bereitzustellen und bietet so Resilienz gegen Stromausfälle und vorhersehbare Energiekosten.
- 150% increase in power capacity installation
- Expansion creates Bloom's largest islanded industrial installation
- Early delivery of expanded capacity ahead of schedule
- Solution bypasses costly utility interconnection delays
- None.
Insights
This expanded partnership marks a significant development in the industrial power sector, with Bloom Energy's SOFC microgrid solution addressing critical power infrastructure challenges in AI hardware manufacturing. The 150% capacity increase represents substantial revenue growth potential for Bloom Energy while demonstrating the scalability of their technology.
The deal's strategic importance lies in circumventing traditional utility bottlenecks in Silicon Valley, where power infrastructure constraints could otherwise limit manufacturing capacity. The ability to deliver ahead of schedule in early 2024 showcases BE's competitive advantage in rapid deployment compared to traditional grid solutions.
The project's status as Bloom's largest islanded, load-following industrial installation validates their technology's reliability for high-stakes manufacturing operations. This positions BE favorably for similar contracts in the rapidly expanding AI infrastructure sector, where power reliability and speed-to-market are critical factors.
This partnership expansion is strategically positioned at the intersection of two high-growth sectors: clean energy and AI infrastructure. With AI data centers primarily concentrated in the U.S. and facing significant power constraints, Bloom's solution addresses a critical market need. The deal demonstrates BE's ability to capitalize on the AI boom by enabling manufacturers to bypass traditional infrastructure limitations.
The pay-as-you-grow model particularly suits the rapid scaling needs of AI hardware manufacturers, offering a compelling value proposition in a market where speed-to-deployment is crucial. This reference implementation with a major player like Quanta could serve as a blueprint for similar deployments across the AI manufacturing sector, potentially opening up a significant new market vertical for Bloom Energy.
Expanded agreement to create Bloom’s largest islanded, load-following industrial installation
AI is one of the fastest growing technologies today that is reshaping industries and poised to be a major economic driver worldwide. Most AI data centers are located in
When Quanta’s manufacturing expansion in
As demand for Quanta’s products continues to grow, the company decided to expand its Bloom microgrid solution.
“Leaders in the AI industry like Quanta simply do not enjoy the luxury of being able to wait for traditional grid infrastructure, because the marketplace won’t wait for them,” said Aman Joshi, Bloom Energy’s global Chief Commercial Officer. “Bloom’s SOFC microgrids provide AI customers with a flexible, pay-as-you-grow solution that is ready to scale and avoids additional transmission or distribution upgrades. This effectively shortens interconnection permitting associated with traditional infrastructures.”
Bloom is on-track to deliver the expanded power capacity for Quanta ahead of schedule early next year, demonstrating significant Time to Power advantages Bloom’s solution offers over the grid. The expansion of this partnership will create Bloom’s largest islanded, load-following industrial installation.
Bloom’s microgrid solution will continue to address Quanta’s short- and long-term needs for energy and provide resilience to unplanned power outages and predictability in energy costs.
About Bloom Energy
Bloom Energy empowers businesses and communities to responsibly take charge of their energy. The company’s leading solid oxide platform for distributed generation of electricity and hydrogen is changing the future of energy. Fortune 100 companies around the world turn to Bloom Energy as a trusted partner to deliver lower carbon energy today and a net-zero future. 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 regarding the timing for delivery and installation of the microgrid, the growth of AI, and related demand for electricity. 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, 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, and Quarterly Reports on From 10-Q for the quarters ended March 31, 2024, and June 30, 2024, filed with the SEC on February 15, 2024, May 9, 2024, and August 8, 2024, respectively, 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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Media
Bloom Energy – Katja Gagen (press@bloomenergy.com)
Investors
Bloom Energy – Michael Tierney (investor@bloomenergy.com)
Source: Bloom Energy
FAQ
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