Bloom Energy and CoreWeave Partnership to Power Data Center Expansion in Illinois
Key Ideas
- Bloom Energy to supply solid oxide fuel cell technology for CoreWeave's data center project in Illinois, meeting the increasing demand for cleaner and resilient power in the growing data industry.
- Goldman Sachs forecasts 47 GW of new data center construction by 2030, highlighting the need for primary and backup power, which the partnership aims to address.
- Chirisa Technology Parks' strategic partnership with Bloom Energy will leverage fuel cells to power their high-performance data center in Volo, as part of their rapid expansion in the large-scale AI/HPC realm.
- CoreWeave, a key tenant in the data center, secures significant funding and plans to expand its data center footprint globally, signaling a positive trend in the industry's growth and adoption of advanced technologies.
Bloom Energy will be providing solid oxide fuel cell energy technology for CoreWeave's latest data center project in Volo, Illinois, to meet the escalating power demands of the data industry. With the rapid growth of artificial intelligence (AI) and cloud-based capacity, new data facilities will require increased electrical generation capacity, which can be fulfilled by cleaner resources like fuel cells and microgrids. The strategic partnership between CoreWeave and Bloom Energy aims to utilize fuel cells for generating electricity for the high-performance data center owned by Chirisa Technology Parks in Illinois. Chirisa, known for data center development in Europe and the U.S., is expanding its footprint to meet the needs of AI and HPC customers.
The partnership aligns with the forecasted surge in data center construction by 2030, emphasizing the significance of reliable power sources. CoreWeave's substantial funding and expansion plans reflect the industry's positive trajectory towards more efficient and advanced data facilities. The Volo data center, equipped with Bloom Energy fuel cells, underscores the commitment to cleaner and on-site power solutions to support the industry's exponential growth. This collaboration marks a milestone in providing sustainable energy for data centers amidst the evolving landscape of AI and cloud computing.