Semidoppel's Reports

Bloom Box energy was launched at the eBay Headquarters in San Jose, California. Colin Powell, former Secretary of State Greg Schultz and California Governor Arnold Schwarzenegger attended the launch. Bloom Box energy group has foundation partners/customers like Coca-Cola, Bank of America, eBay, Cox Enterprises, FedEx, Walmart, Staples, and Google.

Here’s a glimpse of what Bloom Box is all about:

The “Holy Grail” of power source, that’s what they call the Bloom Energy. Bloom Energy is said to be the replacement of the electrical power we are using nowadays. Sidhar invented a new kind of fuel cell, which is like a battery that continuously runs. It’s a box that generates electricity through chemical process wherein oxygen and fuel are utilized and converted to a clean source of energy that doesn’t involve combustion. The materials used in the box were available in abundance and cheap, according to Bloom CEO, K.R. Sidhar. As of now each box currently sells from $700 to $800,000 and can power 100 homes. Kleiner-Perkins invested in this new energy source, with about 50 clean tech companies and Bloom Energy already raised $400 million from it. According to a source, a Google datacenter used at least 4 Bloom Boxes during the past year and a half. Google is Bloom’s first customer. Google’s Bloom boxes use about half as much natural gas as a traditional power plant. Soon power grid lines will be replaced by a simple battery box just like cellphones which replaced landlines, technology innovation like this will change life for the better.