Bloom Energy Corp (BE.xnys)

Bloom Energy Corp (BE.xnys)

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Bloom Energy Corp (BE.xnys) Profile

Bloom Energy Corp (BE.xnys) is a public company that designs, manufactures, and sells solid-oxide fuel cell systems for on-site power generation headquartered in San Jose, California. The company operates in many countries, including the United States, Japan, China, India, and Korea. Bloom Energy provides the Bloom Energy Server platform that delivers 24/7 onsite power and converts natural gas, biogas, or hydrogen into electricity through an electrochemical process without combustion. Bloom Energy's services are available in healthcare companies, hospitals, data centres, and retailers. Bloom Energy employs 1,711 people and has 6 offices across 4 countries. Bloom Energy Corp stock (BE.xnys) is listed on the New York Stock Exchange (NYSE), had a market capitalisation of $4.33B (USD) as of December 2021 and a $794.2M (USD) in 2020 yearly revenue. The company plans to collaborate on developing, constructing, and operating a behind-the-meter (BtM) project to bring Bloom Energy’s solid oxide power generation to the United Kingdom (U.K) market. Bloom Energy and Heliogen, Inc plan to generate green hydrogen by integrating the companies’ technologies and benefit both from combining complementary technologies and achieving low-cost green hydrogen production.

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