Bloom Energy (NYSE: BE) and Quanta Computer Inc. (TWSE: 2382.TW), a premier Taiwanese electronics manufacturer, announced a major expansion of an existing agreement to power the production of critical hardware serving the AI industry. The new agreement increases the power capacity of Quanta’s existing Bloom SOFC installation by more than 150 percent and will circumvent a costly utility interconnection delay to keep up with rapidly growing demand for orders.
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 the United States and demand for Quanta servers to support these facilities is quickly increasing, requiring access to reliable power – which is a challenge in Silicon Valley where both real estate and grid power are severely constrained.
When Quanta’s manufacturing expansion in Fremont was impeded by costly interconnection delays to the local electric utility, they turned to an islanded Bloom Energy SOFC microgrid installation to reliably deliver the power it needed to serve the fast-paced AI sector.
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.
