Ground Breaking for Bloom Energy Plant in Newark
NEWARK, Del. (AP) - California fuel cell maker Bloom Energy is breaking ground on its new plant in Newark.
The (Wilmington) News Journal (http://delonline.us/IhU3rT ) reports that company officials also plans to announce new East Coast business for the plant at Monday's groundbreaking.
Fuel cells create cleaner electricity from natural gas electrochemically without burning the fuel. Bloom has attracted venture capital funding and big name clients but industry observers say the company hasn't proven it can survive yet outside of states that heavily subsidize the technology. Delaware has offered financial incentives and revised its renewable energy standards so that Delmarva Power can count electricity from fuel cells toward its renewable energy requirements.
The new plant is being built on the site of a former Chrysler automobile plant now owned by the University of Delaware.