Bloom Energy to take part in Indian green H2-based energy storage project

Bloom Energy Corp (NYSE:BE), an onsite power platform provider based in California, will deliver electrolyser and hydrogen-powered fuel cell technologies for a green hydrogen-based energy storage project in India.

The company said in a statement on Monday that it has been selected by local energy conglomerate NTPC Limited (BOM:532555) to participate in a project designed to explore large-scale, off-grid hydrogen energy storage and microgrid installations at strategic locations throughout the country.

Bloom Energy (India) Pvt Ltd will provide its solid-oxide electrolyser to produce green hydrogen from renewable electricity sourced from a nearby floating solar farm. Then, fuel cells will be used to convert the hydrogen back into carbon-neutral electricity to power NTPC’s so-called Guest House facility.

The project is expected to be launched in 2022 in Simhadri, Visakhapatnam.

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