Welcome to our dedicated page for Bloom Energy news (Ticker: BE), a resource for investors and traders seeking the latest updates and insights on Bloom Energy stock.
Bloom Energy (BE) delivers innovative solid-oxide fuel cell systems that enable businesses to generate clean, reliable power on-site. This news hub provides investors and industry professionals with timely updates on the company’s technological advancements, financial performance, and strategic partnerships.
Access official press releases covering earnings announcements, new product deployments, and collaborations shaping the future of distributed energy solutions. Our curated collection helps stakeholders monitor Bloom Energy’s progress in reducing grid dependence through fuel-flexible power generation.
Discover updates across key operational areas including hydrogen-ready system developments, international expansion efforts, and sustainability initiatives. All content is sourced from verified corporate communications to ensure accuracy and compliance with financial disclosure standards.
Bookmark this page for centralized access to Bloom Energy’s latest milestones in clean energy technology and market execution. Check regularly for insights into how BE continues advancing resilient, low-carbon power solutions for commercial and industrial applications.
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.
Bloom Energy Corporation (NYSE: BE) reported strong financial results for Q1 2021, with revenue of $194.0 million, a 23.8% increase from Q1 2020. Product revenue surged 38.5% to $137.9 million, driven by a 40.2% rise in acceptances, totaling 359 units. Gross margin improved significantly to 28.2% from 12.7% in the previous year. Operating margin also showed progress at (7.4%), up from (29.6%). The company forecasts 2021 revenue between $950 million and $1 billion, with a non-GAAP gross margin target of ~25%.
Bloom Energy (NYSE: BE) announced the deployment of 100 kilowatts of solid-oxide fuel cells, powered exclusively by hydrogen, in Ulsan, South Korea, generating zero-carbon electricity. This collaboration with SK Engineering & Construction aims to contribute to global decarbonization efforts. The deployment aligns with Bloom's plans to enter the commercial hydrogen market, planned for 2022. The hydrogen fuel cells will utilize byproduct hydrogen from SK Advanced and support the Changwon RE100 initiative. Bloom is also set to supply electrolyzer cells to produce green hydrogen in 2022.
Bloom Energy (NYSE: BE) has appointed new leaders to strengthen its global expansion and has opened a new office in Dubai. The strategic appointments follow Bloom Energy's growth plan unveiled at the 2020 Analyst Day. The new team will focus on expanding markets in Australia, Europe, and Southeast Asia while promoting Bloom’s fuel-flexible and clean energy technologies.
Bloom Energy (NYSE: BE) will release its Q1 fiscal year 2021 financial results on May 5, 2021, after market close. Management will host a conference call at 2:00 p.m. PT / 5:00 p.m. ET on the same day to discuss the results. Interested parties can join the call using the provided domestic and international dial-ins. A webcast of the call will be available on Bloom Energy's investor website. Additionally, a replay will be accessible for one week following the call.
Bloom Energy (NYSE: BE) has initiated deployment of over 40 megawatts of solid oxide fuel cells in New York under the Community Distributed Generation (CDG) program. This initiative aims to enhance clean energy access for consumers, especially small businesses and residential customers, while also decreasing greenhouse gas emissions by nearly 50,000 metric tons annually. The project has already seen 7.5 megawatts deployed on Staten Island. Partners in this effort include Captona and Daroga Power, highlighting collaborative efforts to provide reliable and cost-effective clean energy solutions.
