Morgan Stanley HQ installs on-site fuel cell

Bloom Energy is to install a fuel cell system at Morgan Stanley's global headquarters near New York City's Times Square in the US.

The fuel cell project on Broadway is expected to be fully operational in late 2016 and will provide approximately 750 kWe to the Morgan Stanley building, or around 6 GWh annually.

Support for the project was provided by the New York State Energy Research and Development Authority (NYSERDA) through a long-term renewable energy credit contract awarded under the Renewable Portfolio Standard (RPS) Main Tier Program to develop renewable energy projects.

Bloom Energy's technology (pictured) is based on the solid oxide fuel cell (SOFC).

Chief Operating Officer Jim Rosenthal commented: ‘Following on the success of our fuel cell installation in Purchase, NY, this project further exemplifies how we can improve the sustainability and resiliency of our facilities, while controlling costs and being responsible to our business, our shareholders and our planet.’

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