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Southern Power Invests In Bloom Energy Fuel Cell In PJM
June 21,2019 Southern Power, a U.S. wholesale energy provider and subsidiary of Southern Company, has made an investment into utility-scale fuel cell generation with Bloom Energy. The investment will support the repowering of an existing fuel cell project located on two sites in New Castle and Newark, Delaware, which currently consist of 30 megawatts (MW) of Bloom Energy Servers. Bloom said that the fuel cell project was previously owned by Bloom Energy and a tax equity investor. As part of the transaction to upgrade the project, Southern Power will become the majority co-owner with Bloom Energy. Bloom Energy will continue to operate, maintain and provide Bloom Energy Servers to the fuel cell project. "Southern Power’s investment into the utility-scale fuel cell generation project will enable the upgrade at no additional cost to Delmarva utility customers to whom the fuel cell project provides clean, reliable electricity," Bloom said In 2016, Bloom Energy and Southern Company formed a strategic alliance to support and deploy innovative fuel cell solutions. This alliance has developed more than 80 MW of fuel cells at sites across the country. "By bringing together the wholesale, utility scale and emerging generating technologies, Southern Company continues to demonstrate its leadership in strategic solutions for an integrated, comprehensive energy solution," Southern said
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