FARMINGVILLE, NY —Frederick C. Braun III, chairman of the Town of Brookhaven Industrial Development Agency (IDA), announced that the agency has closed on an application for economic development incentives for Orbit Bloom Energy, LLC, an alternative energy business, with the goal of creating clean, reliable and affordable energy.
Orbit Bloom is seeking to develop 1.5 acres of vacant property located at 3601 Horse Block Road in Medford for the installation of a fuel cell. Fuel cells function similarly to a battery, converting fuel into electricity through an electro-chemical process without combustion.
The economic development incentives were approved by the IDA at its February 26th meeting, granting the applicant a 20-year PILOT. The benefits will apply to the $32.7million construction of the fuel cell installation, which will generate six megawatts of electricity, enough to power 600 homes.
“Brookhaven Town has always been a champion of clean, reliable alternative energy,” said Braun. “This fuel cell installation will provide power of the highest efficiency and we are proud to support this innovative energy project,” said Braun.
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