Sembcorp and NYSE-listed solid oxide fuel technology company, Bloom Energy, have announced a groundbreaking collaboration. The partnership was made at the sidelines of the 2024 Clean Economy Investor Forum organised by the Indo-Pacific Economic Framework (IPEF).
The collaboration will see Sembcorp potentially utilising Bloom Energy’s proprietary solid oxide fuel cell technology and third-party proven carbon capture technologies to produce reliable, low-carbon electricity for Singapore’s changing energy needs.
According to the joint release, Bloom Energy’s fuel cell energy server product will provide low-carbon power to the sustainable data centres that Singapore seeks to develop. On May 30, Singapore’s Infocomm Media Development Authority (IMDA) announced the launch of a green data centre roadmap that charts a sustainable pathway for the continued growth of data centres in the country.
The same system by Bloom Energy can potentially deliver green energy in the future, tapping on low-carbon feedstock, adds the release.
“The Bloom-Sembcorp collaboration will have lasting impacts on multiple levels,” says KR Sridhar, Bloom Energy’s founder, chairman & CEO.
“Singapore’s established position as a high-tech manufacturing hub will be further cemented as Bloom and Sembcorp provide the low-carbon electricity from the high-tech solid oxide fuel cells coupled with proven carbon capture technologies. The use of carbon capture technology will support Singapore’s progress towards achieving its net-zero emissions target by 2050. We believe this will serve as a model for the broader region, and the world,” he adds.
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“Through the collaboration with Bloom Energy, Sembcorp aims to support our customers with low-carbon energy through the deployment of solid oxide energy systems. The demand for green energy is expected to have robust growth, especially in the area of data centres,” says Koh Chiap Khiong, CEO, Singapore and Southeast Asia at Sembcorp.
Shares in Sembcorp closed 3 cents lower or 0.59% down at $5.06 on June 6.
