Bloom Energy Corp (Bloom Energy) is a renewable energy company that offers a solid oxide fuel cell-based power generation platform. Its technology generates electricity and hydrogen. The company's applications include biogas energy, electrolyzers, hydrogen fuel cells, certified gas, microgrids, heat capture, carbon capture, marine fuel cell and primary power. Bloom Energy uses fuel cell energy technology that produces air and fuel from electricity generated by solar panels. The company also develops solid oxide fuel cell technology that converts fuel into electricity through an electrochemical process. It provides power to the technology, logistics, manufacturing and real estate sectors. The company works in partnership with SK Ecoplant Co., Ltd., AECOM and ENGIE Insight Services Inc., among others. Bloom Energy is headquartered in San Jose, California, the US.
Headquarters
United States of America
Address
4353 N 1st St, San Jose, California, 95134-1259
Website
www.bloomenergy.com
Telephone
1 408 5431500
No of Employees
2,377
Industry
Alternative Energy
Ticker Symbol & Exchange
BE (NYSE)
Revenue (2022)
$1.3B
11.2%
(2022 vs 2021)
EPS
XYZ
Net Income (2022)
XYZ
-0.2%
(2022 vs 2021)
Market Cap*
$2.2B
Net Profit Margin (2022)
XYZ
9.9%
(2022 vs 2021)
* As of and is in US$
Bloom Energy Corp premium industry data and analytics
Products and Services
| Services |
|---|
| Service: |
| Generation of Electricity and Hydrogen |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2024 | Contracts/Agreements | In March, the company entered into a partnership with Shell Plc to explore decarbonization solutions, leveraging Bloom's hydrogen electrolyzer technology. |
| 2024 | New Products/Services | In February, the company introduced a new flexible load following solution for its Energy Server platform. |
| 2023 | Contracts/Agreements | In December, the company expanded its agreement with SK ecoplant under which SK ecoplant will acquire 500 megawatts (MW) of Energy Servers. |
Competitor Comparison
| Key Parameters | Bloom Energy Corp | Eversource Energy | Puget Energy Inc | Enphase Energy Inc | Plug Power Inc |
|---|---|---|---|---|---|
| Headquarters | United States of America | United States of America | United States of America | United States of America | United States of America |
| City | San Jose | Springfield | Bellevue | Fremont | Latham |
| State/Province | California | Massachusetts | Washington | California | New York |
| No. of Employees | 2,377 | 10,171 | - | 3,157 | 3,868 |
| Entity Type | Public | Public | Private | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| KR Sridhar, Ph.D. | Chairman; Chief Executive Officer | Executive Board | 2002 | 62 |
| Daniel Berenbaum | Chief Financial Officer | Senior Management | 2024 | - |
| Ravi Prasher | Chief Technology Officer; Senior Vice President | Senior Management | 2022 | 49 |
| Sonja Wilkerson | Executive Vice President; Chief People Officer | Senior Management | 2019 | 62 |
| Shawn M. Soderberg | General Counsel; Executive Vice President; Secretary | Senior Management | 2016 | 62 |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
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