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.

Green hydrogen is poised for significant growth in the U.S., driven by a growing demand for clean energy solutions.

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.

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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).

PALM BEACH, Fla., Sept. 24, 2024 (GLOBE NEWSWIRE) -- FN Media Group News Commentary - The carbon dioxide removal market has grown rapidly with the developments in the chemical domain. This industry mainly deals with providing solutions for removing C02 from the environment using natural and artificial methods. The C02 removal strategy is mostly integrated into many climate policies, as CO2 is an important element of climate change. CDR includes several methods that are mainly used on land or in aquatic systems. Land-based methods consist of afforestation, reforestation, and other agricultural practices. The water-based methods include ocean alkalinity enhancement, ocean fertilization, wetland restoration, and some blue carbon approaches. There are several products that are used in the CDR process that mainly include Biochar, Direct Air Capture (DAC), Enhanced/Carbon Mineralization, Ocean Alkalinization, BECCS, Microalgae, and some others. The CDR mainly finds applications in the technology and finance sectors. This industry is expected to grow exponentially with the growth in chemical industries. A report from Precedence Research said: “The global carbon dioxide removal market size was USD 638.73 million in 2023, calculated at USD $733.52 million in 2024 and is expected to reach around USD $2,548.29 million by 2033. The market is expanding at a solid CAGR of 14.84% over the forecast period 2024 to 2033. The rising awareness of reducing CO2 emissions across the world is driving the growth of the carbon dioxide removal market.” Active companies in the markets this week include: BluSky Carbon Inc. (CSE: BSKY) (OTCQB: BSKCF), Occidental Petroleum Corporation (NYSE: OXY), Arq, Inc. (NASDAQ: ARQ), Gevo, Inc. (NASDAQ: GEVO), Bloom Energy Corporation (NYSE: BE).

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.

A benign reading on inflation may keep the stock market rally going as traders and investors get a break with a holiday-shortened week before earnings season

The artificial intelligence (AI) revolution is sparking the growth of data centers. Data centers require lots of power and stable backup power to operate

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.

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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.

PALM BEACH, Fla., June 25, 2024 (GLOBE NEWSWIRE) -- FN Media Group News Commentary - The green hydrogen market is experiencing rapid growth, driven by global efforts to reduce carbon emissions and advancements in electrolysis and renewables. Government support through policies and investments is also boosting growth. Its versatility and scalability make green hydrogen a key player in the transition to sustainable energy. The market is even being propelled by its increasing use in fuel cell electric vehicles (FCEVs) and high-energy-intensive industries like steel and ammonia production, further driving demand and market expansion. A report from MarketsAndMarkets said: “The green hydrogen market was valued at USD 1.1 billion in 2023 and is projected to reach USD $30.6 Billion by 2030, growing at 61.1% CAGR from 2023 to 2030.” The report said: “Hydrogen's versatility has expanded beyond its traditional role in fuel cells for electric vehicles, now encompassing the production of alternative fuels like ammonia, methanol, and synthetic liquids. These energy carriers are gaining prominence and are poised to drive future demand. In developing economies, green hydrogen presents a pathway to a low-carbon future, offering a nearly carbon-free fuel option for marine transportation, hydrogen fuel cells in electric vehicles (EVs), and industrial backup power. The diverse array of applications positions the green hydrogen sector as a lucrative venture with significant growth potential. The market for green hydrogen in vehicle fuel cells is rapidly evolving, providing the convenience of fossil fuels without the associated emissions.” Active companies in the markets this week include Charbone Hydrogen Corporation (OTCQB: CHHYF) (TSXV: CH), Bloom Energy (NYSE: BE), NANO Nuclear Energy Inc. (NASDAQ: NNE), Plug Power Inc. (NASDAQ: PLUG), FuelCell Energy, Inc. (NASDAQ: FCEL).

Option traders decided to plow into call contracts for these three stocks, investors can see the specific fundamental reasons behind this decision

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.