Bloom Energy Corp.
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About
Bloom Energy Corporation designs, manufactures, and sells solid oxide fuel cell systems for on-site power generation. The company's Energy Servers produce electricity through an electrochemical process that converts fuel into electricity without combustion, offering always-on, reliable, and resilient power with lower emissions than traditional generation. Bloom Energy serves commercial, industrial, and utility customers across diverse sectors including technology, retail, healthcare, telecommunications, and manufacturing. Founded in 2001 and based in San Jose, California, Bloom developed its technology initially for NASA space applications before commercializing it for terrestrial power generation. The company's systems can operate on natural gas, biogas, or hydrogen, positioning Bloom for energy transition opportunities. Bloom Energy has expanded internationally and is developing hydrogen-based energy solutions. The company faces challenges including high capital costs, lengthy sales cycles, and competition from alternative distributed generation technologies. Bloom continues to invest in cost reduction, product development, and expanding addressable markets including utility-scale applications and hydrogen economy opportunities.