North American fresh foods producer now leading in energy independence through innovative fuel cells, solar and battery deployments
SAN JOSE, Calif. – September 21, 2022 – Taylor Farms, North America’s largest producer of healthy fresh foods, has partnered with Bloom Energy (NYSE: BE), Ameresco, Inc. (NYSE: AMRC) and Concept Clean Energy to install a microgrid capable of taking one of their California food processing facilities completely off the traditional energy grid. The energy leaders plan to combine six megawatts (MW) of Bloom fuel cells, 2MW of solar power from Concept Clean Energy and a 2MW/4MWh battery into a microgrid that is designed to power the entire 450,000 sq. ft. facility in San Juan Bautista, California.
Taylor Farms’ commitment to providing healthy fresh foods year-round to customers and consumers cannot be disrupted amid energy reliability challenges. This collaboration combines the strength of each technology – fuel cells’ ability to generate resilient, always-on power, daytime power generation from solar, and energy storage benefits from batteries – to fulfill the facility’s 24/7 power needs completely, independently, and cost-effectively. While microgrids are often implemented only to provide power to critical loads in the event of outages, Taylor Farms seeks to prove that companies can, with partners like Bloom Energy, Ameresco, and Concept Clean Energy, take control of all their energy needs and establish price and power predictability.
“We are looking forward to the energy stability this will provide our San Juan Bautista, California facility,” said Bruce Taylor, Chairman and CEO, Taylor Farms. “Fresh food reliability is essential for our customers and it’s more critical than ever to provide quality, fresh foods to North Americans.”
Per the California Independent System Operator, it is estimated that the state faces an energy capacity shortfall of 1,700MW, which could be as high as 5,000MW if California is hit with multiple extreme events at the same time, such as wildfires and heat waves. With the flexibility to leverage the right technology for the right application, companies can now avoid relying on strained power grids, as Bloom Energy and Ameresco aim to provide always-on power for Taylor Farms.
“Our partnership with Taylor Farms and Ameresco is a landmark demonstration of the capabilities that innovative, clean energy companies have to provide uninterrupted low-carbon power to large-scale facilities,” said Sharelynn Moore, EVP, Chief Business Development and Marketing Officer, Bloom Energy. “Our decade-long relationship with Taylor Farms is culminating in this leading application of what a microgrid can do – enabling America’s largest producer of packaged produce to maintain and improve the reliability of their power.”
This journey builds on Taylor Farms’ relationship with Bloom Energy and is intended to allow the produce distributor to explore disconnecting from the regional power grid amid energy price escalations and reliability challenges.
“Ameresco is excited to partner with Bloom and Taylor Farms on a truly transformative project that demonstrates innovation in advanced energy technologies,” said Ameresco EVP Michael Bakas. “We look forward to this project serving as a blueprint for others as the role for baseload, dispatchable alternative energy sources serve as the cornerstone for resiliency in microgrids.”
“Working with Taylor Farms’ leadership has inspired Concept Clean Energy to develop highly innovative and versatile solutions for solar canopies, rooftops and ground-mounted applications,” said Elliot Jaramillo, CEO, Clean Concept Energy. “We’re enabling Taylor Farms to achieve energy independence and realize unprecedented economic returns”
Energy solutions, including fuel cells and solar, can be integrated at scale, to provide low-carbon energy, reliability, resiliency, and immunity to challenges facing current grid operations.
At Taylor Farms, Bloom and its partners are paving the way for decarbonizing production, while showing how industries like agriculture, an important part of the California and national economies and the fifth largest source of California’s greenhouse gas emissions, can reach net-zero.
For more information about Bloom Energy’s microgrid capabilities and resilient clean energy platform, visit https://www.bloomenergy.com/applications/alwayson-microgrids/.
Forward-Looking Statements
This press release contains certain forward-looking statements that are subject to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements generally relate to future events or our future financial or operating performance. In some cases, you can identify forward-looking statements because they contain words such as “anticipate,” “believe,” “could,” “estimate,” “expect,” “intend,” “may,” “should,” “will” and “would” or the negative of these words or similar terms or expressions that concern Bloom’s expectations, strategy, priorities, plans or intentions. These forward-looking statements include, but are not limited to, Bloom’s expectations regarding the collaboration with Ameresco and Concept Clean Energy, including plans to install Bloom’s fuel cells as part of a power microgrid at the Taylor Farms San Juan Bautista facility, the cost efficiency, operational reliability and estimated uptime of the microgrid, including its ability to provide low-carbon power independently from the regional power grid, and progress towards any net-zero emissions or decarbonization goals. More information on potential risks and uncertainties that may impact Bloom’s business are set forth in Bloom’s periodic reports filed with the SEC, including its Annual Report on Form 10-K for the year ended December 31, 2021, filed with the SEC on February 25, 2022, and its Quarterly Reports on Form 10-Q for the quarters ended March 31, 2022 and June 30, 2022, filed with the SEC on May 6, 2022 and August 9, 2022, respectively, as well as subsequent reports filed with or furnished to the SEC from time to time. Bloom assumes no obligation to, and does not currently intend to, update any such forward-looking statements.
About Bloom Energy
Bloom Energy empowers businesses and communities to responsibly take charge of their energy. The company’s leading solid oxide platform for distributed generation of electricity and hydrogen is changing the future of energy. Fortune 100 companies around the world turn to Bloom Energy as a trusted partner to deliver lower carbon energy today and a net-zero future. For more information, visit www.bloomenergy.com.
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