Sign In  |  Register  |  About Santa Clara  |  Contact Us

Santa Clara, CA
September 01, 2020 1:39pm
7-Day Forecast | Traffic
  • Search Hotels in Santa Clara

  • CHECK-IN:
  • CHECK-OUT:
  • ROOMS:

Daroga Power closes $230M fund, will deploy 32.85 MW Bloom Energy fuel cells

The fuel cells will provide clean and reliable baseload power for companies in California, New York, New Jersey, Massachusetts, Connecticut, and Maryland.

Daroga Power will deploy 32.85 MW of Bloom Energy solid oxide fuel cells (SOFC) after the investor and developer of distributed generation assets closed a $230 million infrastructure portfolio fund.

The fuel cells will provide clean and reliable baseload power for companies in California, New York, New Jersey, Massachusetts, Connecticut, and Maryland. The company said that 6 MW of fuel cells are already operational with the rest being deployed through the end of next year.

“We believe in the power of distributed generation to mitigate the risks that companies face from extreme weather, brownouts and blackouts, and unknown energy costs,” said Ory Moussaieff, co-founder of Daroga Power. “Fuel cells enable companies to reduce their environmental footprint while being able to budget for and reduce their energy spend.”

Daroga Power will oversee the operation and financial performance of the fuel cell assets, while Bloom Energy will maintain the equipment.

Subscribe to Renewable Energy World’s free, weekly newsletter for more stories like this

Data & News supplied by www.cloudquote.io
Stock quotes supplied by Barchart
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the following
Privacy Policy and Terms and Conditions.
 
 
Copyright © 2010-2020 SantaClara.com & California Media Partners, LLC. All rights reserved.