Bloom Energy - BE STOCK NEWS

Bloom Energy (NYSE: BE) has announced its initiative to convert its global natural gas fleet to certified low-leak natural gas, aiming to reduce harmful methane emissions. This collaboration with MiQ and Equitable Origin is designed to ensure that customers understand the importance of responsible natural gas sourcing. The initiative is projected to significantly impact climate goals by tackling the 84 million tons of methane emitted annually from the oil and gas sector. Bloom Energy plans to source certificates for reduced methane emissions starting in 2022, emphasizing its commitment to a zero-carbon future.

Heliogen and Bloom Energy (NYSE: BE) have announced plans to produce green hydrogen through concentrated solar power and water. Their collaboration aims to accelerate the transition to a zero-carbon future, utilizing Heliogen's Sunlight Refinery and Bloom's solid oxide electrolyzers. This technology is expected to be 30% more efficient than common alternatives, enabling cost-effective green hydrogen production. The first solution is set to be operational at Heliogen's facility in Lancaster, California by the end of 2021. This venture aligns with global decarbonization efforts.

Bloom Energy (NYSE: BE) will release its Q2 fiscal year 2021 financial results on August 4, 2021, after market close. The management will host a conference call at 2:00 p.m. PT / 5:00 p.m. ET to discuss these results. Interested parties can join the call via telephone or a live webcast, accessible from Bloom Energy's investor relations website. A telephonic replay will be available for a week following the call, with a longer-term replay on the website for one year.

Bloom Energy (NYSE: BE) has announced its inaugural Combined Heat and Power (CHP) project in partnership with SK ecoplant. This 4.2 MW installation marks a significant development in South Korea's energy sector as the first utility-scale solid oxide fuel cell (SOFC) CHP initiative. The project aims to generate 35,000 megawatt hours annually while capturing 4 million megacalories of thermal energy, contributing to reduced CO2 emissions. Construction is set to commence later this year, leveraging innovative Power Tower technology to enhance energy efficiency.

Bloom Energy (NYSE: BE) has partnered with Idaho National Laboratory (INL) to test the production of clean hydrogen using its high-temperature electrolyzer powered by nuclear energy. This collaboration aims to utilize excess electricity from nuclear plants to create hydrogen, supporting the growing hydrogen economy. Researchers at INL will simulate operational conditions to enhance the efficiency of hydrogen generation. Bloom Energy anticipates this initiative will yield the highest efficiency electrolyzer in the market, contributing positively to global decarbonization efforts.

Bloom Energy (NYSE: BE) announced its participation in several upcoming virtual events designed for the financial community. Key conferences include the Credit Suisse Renewables and Utilities Conference on May 13, 2021, and the J.P. Morgan Global Technology, Media and Communications Conference on May 25, 2021. Other notable appearances include the Cowen Sustainability & Energy Transition Summit and the BofA Hydrogen Conference on June 23, 2021. Bloom Energy focuses on making clean, reliable energy affordable through its innovative Bloom Energy Server, serving Fortune 100 clients across multiple sectors.

Baker Hughes (NYSE: BKR) and Bloom Energy (NYSE: BE) have announced a collaboration to commercialize low-carbon power-generation and hydrogen solutions. The partnership aims to launch pilot projects over the next 2-3 years, focusing on integrated power and hydrogen solutions. Key objectives include developing efficient energy systems using Bloom's solid oxide fuel cells and Baker's gas turbines, as well as hydrogen production and transport technologies. Leaders from both companies emphasize the collaboration's potential in supporting global decarbonization efforts.

Bloom Energy (NYSE: BE) and Baker Hughes (NYSE: BKR) have announced a collaboration to advance low-carbon power generation and hydrogen solutions. They aim to launch pilot projects within 2-3 years, focusing on integrated power solutions, hydrogen production, and mutual technical collaborations. The partnership will combine Bloom Energy’s solid oxide fuel cell and electrolyzer technologies with Baker Hughes’ turbine and compression technologies, enhancing energy efficiency and promoting the hydrogen economy. This collaboration is positioned as a significant step toward achieving net-zero carbon emissions.