Now that Bloom Energy has unveiled its innovative fuel cell technology to the world, it appears the much-hyped Silicon Valley startup's "Energy Server" shows a lot of promise, particularly for Fortune 500 companies that can afford the parking lot-sized power boxes priced up to $800,000 apiece.
But is the Bloom box too good to be true? We may not know for years, of course, although early reports from an impressive lineup of beta testers, including Bank of America, Coca-Cola, eBay, FedEx, Google and Wal-Mart, are showing sizable reductions in both energy costs and CO2 emissions. A power generator that saves moneyand the environment? This must be Tomorrowland!