February 21, 2010

Energy

Boom time for Bloom Box

A new but still unseen fuel cell technology that its creator claims can be an off-grid source of cheap energy, and clean power,  is about to get its formal debut

Bloom Energy’s much-hyped fuel cell, known as the Bloom Box, will take place at eBay’s headquarters in California tomorrow (24 Feb).  Bloom Box is already being trialed on the campuses of Google and eBay among others. FedEx, Wal-Mart and Staples are among a score of Fortune 100 companies that have signed up as Bloom Box clients to save million in electricity costs. Former Secretary of State Colin Powell, among those who endorse the technology, is on the Board of Directors of Bloom Energy, an eight-year old stealth start-up that raised more than $ 400 million from Silicon Valley’s venture capitalists who have installed Bloom Boxes in their own bug-out locations.
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