Bloom Energy

Company Overview

Bloom Energy is engaged in providing a solid-oxide platform for the distributed generation of electricity and hydrogen to change the future of energy. The objective of the company is to provide reliable, clean, and cost-effective energy solutions globally. In the U.S., the company has the most advanced renewable energy and hydrogen-producing technologies. The company offers increased electrical reliability and improved energy security, providing a clear path to energy independence. It offers solutions for distributed electricity production, hydrogen production, and marine transportation. It caters to large end-use industries such as manufacturing, data centers, healthcare, retail, higher education, utilities, and other industries.

The company offers a baseload-power fuel cell solution in its distributed electricity production solution,  which is designed to deliver clean and affordable energy to its customers. This server is based on solid oxide technology and converts different fuels, such as natural gas, biogas, hydrogen, or a blend of these fuels, into electricity. The company primarily sells its systems in the U.S. and internationally.

Financial Highlights (FY 2024)

Company's Business Segments

• Product : Product revenue is generated from the sale of Energy Servers to direct purchase customers, including financing partners on Third-Party PPAs and sale-and-leaseback transactions, in the International channel.
• Installation : Installation of the Energy Servers sold to the customers as part of a direct purchase and to financing parties as part of a traditional lease or Portfolio financing.
• Service : O&M Agreements.
• Electricity : Electricity produced by Energy Servers owned directly by the organization by consolidated PPA Entities.