In January 2018, Italy’s SOLIDpower crossed a milestone by installing its 1,000th BlueGEN Solid Oxide Fuel Cell. This milestone might be a signal of growth ahead for the company and the micro-CHP fuel cell market.
Solid Oxide Fuel Cells (SOFC) are designed to convert natural gas (and other hydrocarbons) into heat and electricity. BlueGen is a micro-CHP solution that creates heat and electricity at efficiencies close to 60%. Because energy conversion is onsite there is no energy loss from energy transmission.
European Policy for Distributed Power & Micro CHP
Based on their ability to use natural gas, SOFCs are widely believed to be the fuel cell platform of choice for distributed power generation and CHP (combined heat and power). Following closely behind Japan, the European Union has led the way in policies for micro CHP in residential and business settings.
For many homeowners and businesses an ‘appliance’ version of CHP could emerge as a more desirable clean energy solution than rooftop solar.
If micro CHP grows, SOLIDpower should be well positioned to capture the upside. In the Fall of 2017, SOLIDpower announced a 40 million Euro investment to expand its annual production capacity from 1,500 to 16,000 by 2020.
The company has 200 employees based in Italy, Germany, Switzerland, and Australia.
BlueGen – How it Works
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