Search results
May 21, 2024 · Shares of fuel cell manufacturer Bloom Energy (BE-1.92%) were on the rise today, up 10.1% as of 1 p.m. ET.. There wasn't too much company-specific news today. However, Bloom was highlighted as a ...
Despite big promises, Bloom Energy’s boxes are highly unlikely to transform the grid in California, or anywhere else. The reasons are manifold, but boil down to this: Bloom’s technology is too ...
May 21, 2024 · BE. Shares of fuel cell manufacturer Bloom Energy (NYSE: BE) were on the rise today, up 10.1% as of 1 p.m. ET. There wasn't too much company-specific news today. However, Bloom was highlighted as ...
- Fulfilling Energy Needs Sustainably
- Strong Fourth-Quarter Performance
- Targeting Over $10 Billion in Revenue
A key factor driving Bloom Energy's growth is its differentiated offerings. The company's fuel cell servers fulfill the need for a resilient, predictable, and sustainable power source. They can be used to replace diesel generators as well as to ensure consistent quality power supply for mission-critical operations such as data centers, hospitals, a...
Bloom Energy reported strong growth in the fourth quarter. Its revenue for the quarter grew 37.3% year over year to $342.5 million. The company reported a positive cash flow from operating activities of $47.2 million. Gross margin for the quarter improved to 20.1% from 17.8% in the third quarter. Bloom Energy's gross margin compares favorably with ...
In the longer term, the company has set an ambitious target of $15 billion to $20 billion in annual revenue by 2031. It expects nearly half of this coming from its power generation products, primarily fuel cell energy servers. Roughly $6 billion to $8 billion is expected to come from decarbonizing technologies, primarily electrolyzers. Finally, Blo...
May 3, 2023 · Bloom Energy empowers businesses and communities to responsibly take charge of their energy. The company’s leading solid oxide platform for distributed generation of electricity and hydrogen is changing the future of energy. Fortune 100 companies around the world turn to Bloom Energy as a trusted partner to deliver lower carbon energy today ...
Jun 3, 2024 · Overview. Bloom Energy empowers businesses and communities to responsibly take charge of their energy. The company’s leading solid oxide platform for distributed generation of electricity and hydrogen is changing the future of energy. Fortune 100 companies around the world turn to Bloom Energy as a trusted partner to deliver lower carbon ...
People also ask
How is Bloom Energy changing the future of energy?
Who is Bloom Energy?
Will Bloom Energy be a bigger fuel cell company?
How does Bloom Energy generate electricity?
May 3, 2023 · Bloom Energy empowers businesses and communities to responsibly take charge of their energy. The company’s leading solid oxide platform for distributed generation of electricity and hydrogen is changing the future of energy. Fortune 100 companies around the world turn to Bloom Energy as a trusted partner to deliver lower carbon energy today ...
