Bloom Energy Completes Fuel Cell Project at Morgan Stanley Global Headquarters in New York City

The 750 kW fuel cell system provides 24x7 power at Morgan Stanley's building on Broadway in Times Square

NEW YORK, Dec. 13, 2016 /PRNewswire/ -- Morgan Stanley and Bloom Energy today announced the completion of a fuel cell project at Morgan Stanley's global headquarters in New York City's Times Square neighborhood. The 750 kW fuel cell project at 1585 Broadway is fully operational and will provide approximately 6 million kWh of clean electricity each year. Executives from Morgan Stanley, Bloom Energy, Con Edison and New York State Energy Research and Development Authority (NYSERDA) participated in an event to mark the completion of the system.


Bloom Energy's solid oxide fuel cell (SOFC) technology converts fuel into electricity through a high efficiency non-combustion process that generates clean and reliable on-site power, reducing emissions of greenhouse gases and criteria air pollutants compared to traditionally generated and transmitted electricity. The fuel cell project, located on a rooftop setback eight floors above Times Square, was delivered and installed entirely through the building service elevator.

"I congratulate everyone involved in this fuel cell project which is a great example of how businesses can use clean, onsite energy to decrease costs and improve the sustainability and resiliency of their facilities," said John B. Rhodes, President and CEO, NYSERDA. "Under Governor Cuomo's Reforming the Energy Vision, New York continues to build a cleaner, more resilient and affordable energy system."

"We are thrilled to be here today. This project not only provides clean and reliable electricity at Morgan Stanley's headquarters, but also demonstrates how this unique type of behind-the-meter clean energy project can be deployed in urban load centers to reduce carbon emissions, greatly reduce localized forms of air pollution, and improve the efficiency of the surrounding electric grid," said KR Sridhar, Founder, Chairman and CEO of Bloom Energy. "Thank you to our utility and state government partners for supporting this project, we look forward to continuing to help New York state meet its clean energy goals."

Support for this project was provided by NYSERDA through a long-term renewable energy credit contract awarded under the Renewable Portfolio Standard (RPS) Main Tier Program to develop renewable energy projects.

Bloom Energy currently has over 400 projects across the United States, Japan and India, including twenty one operating projects in New York State.

About Bloom Energy
Bloom Energy is a provider of a revolutionary on-site power generation platform called the Bloom Energy ServerĀ® based on proprietary fuel cell technology that provides 24x7 firm power that is reliable, clean and cost effective. With over 200 MW deployed, Bloom Energy Servers are proven in the field with many of the world's leading companies and organizations including Apple, Wal-Mart, AT&T, eBay and FedEx, as well as notable non-profit organizations such as Caltech. Also, with its Mission Critical Systems practice, Bloom Energy provides grid-independent power for critical loads in data centers and manufacturing. The company is headquartered in Sunnyvale, California. For more information, visit www.bloomenergy.com.

Featured Product

sonnenBatterie eco

sonnenBatterie eco

Sonnen's mission is to provide clean and affordable energy for all. As the first mainstream grid tied residential energy storage company in the world and with 24,000 sonnenBatterie systems installed worldwide, sonnen is a proven global leader in intelligent energy management solutions. The all-in-one sonnenBatterie smart energy storage solution easily integrates with new and existing solar installations to help homes manage their energy throughout the day-saving money, providing backup power, and maximizing the effective use of solar power day and night. Sonnen has won several awards for its energy innovations, including the 2017 Zayed Future Energy Prize, MIT's Technology Review's 50 Smartest Companies in 2016, Global Cleantech 100 for 2015-2017, Greentech Media's 2016 Grid Edge Award for Innovation, and Cleantech's 2015 Company of the Year Award in both Israel and Europe.