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Bloom Energy, Southern Company Enter Strategic Alliance to Integrate Distributed Generation, Storage

October 25,2016



Bloom Energy, Southern Company and its subsidiary PowerSecure have announced a strategic alliance, which will include project investment and joint-technology development to provide behind-the-meter energy solutions.

PowerSecure will acquire an estimated 50 megawatts of Bloom Energy Servers under long-term power purchase agreements with commercial and industrial customers.

The solution is designed to fully integrate Bloom's firm 24x7x365 Energy Server platform with PowerSecure's smart storage solutions.

"As the technology revolution in energy evolves, we must continue developing innovative solutions on the other side of the meter to deliver greater value for customers," said Southern Company Chairman, President and CEO Thomas A. Fanning. "This strategic relationship marrying PowerSecure's smart storage and other distributed energy solutions with Bloom Energy's fuel cell technology allows us to play offense in the rapidly changing energy landscape by expanding our distributed infrastructure business."

The Home Depot is expected to deploy the joint Bloom fuel cell + PowerSecure storage solution at approximately 60 stores, in addition to the 140 stores currently operating Bloom Energy Servers. Another customer will deploy 30 megawatts of distributed power through this alliance supporting hospitals, clinics and administrative centers, Southern Company said

Tags:
Distributed Energy   Innovation   Southern Company   PowerSecure   Bloom Energy  

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