Brewing Co. Buys Its Source for Renewable Energy

On December 15, Sierra Nevada Brewing Co. is to assume ownership of the four 250-kilowatt Direct FuelCell (DFC) power plants that have been providing baseload electricity and heat for its production processes during initial operations through a power purchase agreement (PPA).

By purchasing the units from FuelCell Energy, Inc., the brewing company will have greater control over its energy costs while honoring its commitment to environmental sustainability, and will further benefit from the 30 percent Federal Investment Tax Credit (ITC) — up to $1000 for each kilowatt — for the purchase of fuel cell power plants, as stipulated in the U.S. Energy Policy Act of 2005. Earlier this fall, FuelCell Energy completed an upgrade of these power plants, which made it possible for Sierra Nevada to use fuel created from the waste byproduct of its brewing process and reducing the company’s fuel costs by 25-40 percent. “FuelCell Energy’s plants and service teams are meeting all my expectations,” said Ken Grossman, Sierra Nevada’s founder, “and purchasing the power plants outright is the next logical step to secure our energy reliability and reduce costs.”
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