BE
NYSE
Electrical Equipment
$252.02
USD
-$57.16 (-18.49%)
Last close
Market Cap:
$85.83B
Volume:
57M
Previous Close
$309.18
Day Range
$247.74 - $298.53
52 Week Range
$21.50 - $351.28
Average Volume (10 Days)
11.2M
P/E Ratio
14226.91
Dividend Yield
0.00%
Bloom Energy Corp. engages in the manufacture and installation of a solid oxide fuel-cell based power generation platform. The company is headquartered in San Jose, California and currently employs 2,214 full-time employees. The company went IPO on 2018-07-25. The firm provides distributed energy technology solutions to customers. The firm manufactures advanced and versatile fuel cell energy platforms, supporting the commercial availability of two products: the Bloom Energy Server for generating electricity and the Bloom Electrolyzer for producing hydrogen. With approximately 1.4 gigawatts (GW) of Energy Server systems deployed in more than 1,000 locations and nine countries. Its solid oxide fuel cell technology platform is the foundation for its Energy Server system and Bloom Electrolyzer. The Bloom Energy Server system is designed to deliver reliable, resilient, clean and affordable energy for utilities and organizations alike. Its Energy Server system is designed to deliver reliable electricity. The Bloom Electrolyzer is designed to provide hydrogen solutions based on the same solid oxide platform as its Energy Server systems.
CEO
Dr. K. R. Sridhar
Headquaters
San Jose, CALIFORNIA, US
Founded
2018
Employees
2,214
Rystad Energy forecasts the fuel cell market will expand nearly tenfold by 2030, reaching approximately $30 billion in revenues, as AI data centers turn to on-site power generation to bypass grid interconnection delays. Bloom Energy dominates visible solid oxide fuel cell (SOFC) contracts, but its reliance on scandium-a rare earth element largely controlled by China-poses supply chain risks as demand accelerates.
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