Articles from Bloom Energy

Bloom Energy (NYSE: BE), the world leader in stationary fuel cell power generation, announced today that it has formed a project financing partnership with certain funds managed by HPS Investment Partners (HPS) and Industrial Development Funding (IDF), two leading global providers of infrastructure capital. As part of the agreement, HPS and IDF will acquire 19 MW of Bloom’s Energy Servers, including several advanced on-site microgrid solutions. The approximately $125 million in funding will support the installation of Bloom equipment contracted under PPA structures, which can deliver clean, on-site and highly reliable power to commercial and industrial customers at zero upfront cost.

Bloom Energy (NYSE:BE), the world leader in stationary fuel cell power generation, announced that it has signed a supply agreement with American Electric Power (AEP) for up to 1 gigawatt (GW) of its products, the largest commercial procurement of fuel cells in the world to date. As part of this agreement, AEP has placed an order for 100 megawatts (MW) of fuel cells with further expansion orders expected in 2025.

Bloom Energy Corporation (NYSE: BE) reported today its financial results for the third quarter ended September 30, 2024. The company reported revenue of $330.4 million for the third quarter of 2024.

Bloom Energy (NYSE: BE), a world leader in solid oxide fuel cell generation (SOFC) and solid oxide fuel cell electrolyzer (SOEC) technologies, today announced a landmark project to deliver fuel cells to the largest single-site installation to date in history. The 80 MW project, developed in partnership with SK Eternix, will power two ecoparks in North Chungcheong Province, South Korea, providing reliable, sustainable energy for critical infrastructure and regional development. The project is expected to begin commercial operations in 2025.

Bloom Energy (NYSE: BE), a world leader in solid oxide fuel cell (SOFC) and solid oxide electrolyzer (SOEC) technology, announced an agreement with FPM Development for 20 megawatts (MW) of Bloom’s SOFCs across two strategic locations in Los Angeles. The partnership demonstrates Bloom’s capability to rapidly add affordable and resilient generational capacity to American utilities. Bloom and FPM are working together to deliver hardware by the end of 2024.

Bloom Energy (NYSE: BE), a world leader in solid oxide fuel cell (SOFC) technology, and Quanta Computer Inc. (TWSE: 2382.TW), a premier Taiwanese electronics manufacturer, announced a major expansion of an existing agreement to power the production of critical hardware serving the AI industry. The new agreement increases the power capacity of Quanta’s existing Bloom SOFC installation by more than 150 percent and will circumvent a costly utility interconnection delay to keep up with rapidly growing demand for orders.

Bloom Energy Corporation (NYSE: BE) today announced it will release its third quarter 2024 financial results on November 7, 2024, after market close. Bloom Energy’s management will host a conference call at 2:00 p.m. Pacific Time (PT) / 5:00 p.m. Eastern Time (ET) on the same day to discuss these results.

Bloom Energy Corporation (NYSE: BE)

Bloom Energy Corporation (NYSE: BE) reported today its financial results for the second quarter ended June 30, 2024. The company reported revenue of $335.8 million for the second quarter of 2024.

Bloom Energy (NYSE:BE), a world leader in solid oxide fuel cell (SOFC) technology, is now offering the Bloom Energy Server™ power solution with ~60% electrical efficiency* while using 100% hydrogen2.

Bloom Energy (NYSE: BE) has appointed Barbara Burger, Ph.D. to its Board of Directors, effective August 1, 2024. A seasoned executive and respected leader in the energy industry, Burger finished her career at Chevron in 2022 as vice president of innovation and president of Chevron Technology Ventures (CTV).

Bloom Energy Corporation (NYSE: BE) today announced it will release its second quarter 2024 financial results on August 8, 2024 after market close. Bloom Energy’s management will host a conference call at 2:00 p.m. Pacific Time (PT) / 5:00 p.m. Eastern Time (ET) on the same day to discuss these results.

Bloom Energy Corporation (NYSE: BE), a global leader in solid oxide fuel cell technology, announced today a strategic partnership with CoreWeave, Inc. This win underscores Bloom’s ability to meet the rising energy demands of the rapidly growing AI sector.

Bloom Energy (NYSE: BE) appointed Gary Pinkus, Chairman of McKinsey & Company in North America, to its Board of Directors. Pinkus has spent nearly 40 years of his career at McKinsey & Company, the global management consulting firm, building substantial governance, leadership, and executive experience.

Bloom Energy (NYSE: BE) (Bloom), a global leader in solid oxide fuel cell technology, announced today a groundbreaking collaboration with Sembcorp Industries (Sembcorp) at the sidelines of the 2024 Clean Economy Investor Forum, organized under the auspices of the Indo-Pacific Economic Framework (IPEF). The Bloom-Sembcorp collaboration will involve Sembcorp’s potential utilization of Bloom’s proprietary solid oxide fuel cell technology and third-party proven carbon capture technologies to produce reliable, low-carbon electricity to meet Singapore’s changing energy needs.

Bloom Energy Corporation (NYSE:BE) today announced the pricing of its offering of $350.0 million aggregate principal amount of 3.00% green convertible senior notes due 2029 (the “notes”) in a private offering to persons reasonably believed to be qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the “Securities Act”). The offering size was increased from the previously announced offering size of $250.0 million aggregate principal amount of notes. The issuance and sale of the notes is scheduled to settle on May 29, 2024, subject to customary closing conditions. Bloom Energy also granted the initial purchasers of the notes an option to purchase, for settlement within a period of 13 days from, and including, the date the notes are first issued, up to an additional $52.5 million principal amount of notes.

Bloom Energy Corporation (NYSE: BE) today announced its intention to offer, subject to market and other conditions, $250,000,000 aggregate principal amount of green convertible senior notes due 2029 (the “notes”) in a private offering to persons reasonably believed to be qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the “Securities Act”). Bloom Energy also expects to grant the initial purchasers of the notes an option to purchase, for settlement within a period of 13 days from, and including, the date the notes are first issued, up to an additional $37,500,000 principal amount of notes.

Bloom Energy (NYSE: BE), a global leader in solid oxide fuel cell technology, announced today a power capacity agreement with Intel Corporation that will result in Silicon Valley’s largest fuel cell-powered high-performance computing data center.

Bloom Energy Corporation (NYSE: BE) reported today its financial results for the first quarter ended March 31, 2024. The company reported revenue of $235.3 million for the first quarter of 2024.

Bloom Energy (NYSE: BE), a global leader in solid oxide fuel cell technology, announced today a groundbreaking partnership with Quanta Computer Inc. (TWSE: 2382.TW), a premier Taiwanese electronics manufacturer. The partnership adds another significant proof-point in Bloom Energy’s capability to meet the ever-increasing time-to-power challenges of the burgeoning AI sector.

Bloom Energy Corporation (NYSE: BE) today announced it will release its first quarter 2024 financial results on May 9, 2024 after market close. Bloom Energy’s management will host a conference call at 2:00 p.m. Pacific Time (PT) / 5:00 p.m. Eastern Time (ET) on the same day to discuss these results.

Bloom Energy Inc. (NYSE:BE), a leading provider of clean energy solutions, announced today the appointment of Daniel Berenbaum as Chief Financial Officer, effective April 29, 2024. Berenbaum will succeed Greg Cameron, who will remain with the company until mid-May 2024 to ensure a smooth transition.

Bloom Energy Inc. (NYSE:BE), a leading provider of clean energy solutions, was recently awarded up to $75 million in tax credits by the Department of Energy, Department of Treasury, and the Internal Revenue Service under the Qualifying Advanced Energy Project 48C initiative.

Bloom Energy Inc. (NYSE:BE) is teaming up with Shell Plc. (Shell) to study decarbonization solutions, utilizing Bloom’s proprietary hydrogen electrolyzer technology.

Bloom Energy Corporation (NYSE: BE) reported today its financial results for the fourth quarter and the full year ended December 31, 2023. The company had record revenue of $1.3 billion for the full year driven by continued growth in product and service revenue.