Industry News

Subpage Hero

     

28 Jun 2022

Bloom Energy Drives Landmark Decarbonization with Ferrari

Bloom Energy Drives Landmark Decarbonization with Ferrari

Press Release

Bloom Energy, the solid oxide fuel cell manufacturer headquartered in California, on June 23 set a new pace for Ferrari’s drive to achieve carbon neutrality in manufacturing by 2030, announcing a one-megawatt (MW) installation of Bloom’s solid oxide fuel cells at Ferrari’s expanding manufacturing facility and headquarters in Maranello, Italy.

The partnership with Ferrari, a global leader in the luxury and automotive sectors for 75 years, marks Bloom’s entry into the European Union and Italy and is the first step toward potentially larger projects between the two companies.

Bloom Energy’s highly efficient platform converts fuels such as hydrogen, biogas, or natural gas into clean electricity without combustion. Through Bloom’s solid oxide platform, Ferrari is expected to be able to reduce its fuel consumption and carbon emissions at its manufacturing facility while unlocking cost and sustainability benefits.

Operating at superior efficiencies, Bloom Energy Servers will initially provide 5 percent of the energy needed at Ferrari’s Maranello headquarters and manufacturing center.

The Bloom Energy Servers are expected to cut gas requirements by around 20% from the combined heat and power (CHP) system now in use at Ferrari, while also reducing emissions. This will enable Ferrari to bolster energy conservation amid record-high energy prices, while simultaneously reducing greenhouse gas emissions and improving local air quality, with virtually zero harmful air pollutant emissions such as sulfur oxides, nitrogen oxides, and particulate matter.

“Ferrari is a legendary trailblazer in the luxury automotive industry, and Bloom Energy commends their commitment to leading in both operational excellence and carbon neutrality across their entire value chain by 2030,” said KR Sridhar, founder, chairman, and CEO, Bloom Energy. 

“By collaborating, we’re showcasing how energy-intensive industries, such as manufacturing, can be decarbonized through clean, reliable energy. Ferrari, like Bloom Energy, has a commitment to uniqueness, innovation, technology leadership, and continuous learning that makes them the ideal partner for Bloom’s entry into the European manufacturing landscape, where energy resilience is more crucial than ever. Bloom Energy’s fuel cell platform is a best-in-class solution for a best-in-class luxury automaker.”

Bloom Energy’s fuel-flexible platform also equips Ferrari to lead the race in Italy’s emerging hydrogen economy. According to Italy’s Ministry of Economic Development, the country plans to cover a fifth of its overall energy demand from hydrogen by 2050. The flexibility of Bloom’s platform will allow Ferrari to generate carbon-free electricity from hydrogen and other zero-carbon fuel sources.

VIEW ALL INDUSTRY NEWS
Loading

Platinum Sponsors

Loading

Gold Sponsors

Silver Sponsors

Loading

Conference Sponsors

Loading
  • Decarbonization Focused Established in 1867, Babcock & Wilcox (B&W) is a global leader in renewable, environmental and thermal technologies and services for power and industry. We continue to meet the ...
  • Digital Transformation of Hydrogen Operations Is Empowering Customers to Achieve Ultimate Performance From production to distribution, Emerson is advancing hydrogen projects and adoption of hydrogen a ...

Lanyard Sponsor

Loading

Registration Sponsor

Loading

Media Partners

Supporters

Newsletter Sign Up

Starts:


GET YOUR FREE EXPO PASS
REGISTER FOR CONFERENCE