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Bloom Energy

Bloom Energy develops and deploys solid oxide fuel cell Energy Servers that generate electricity without combustion, supplying clean, distributed power to customers in nine countries.

Bloom Energy develops and deploys solid oxide fuel cell Energy Servers that generate electricity without combustion, providing clean, reliable, distributed power. The company was founded in 2001 with eight employees and has since grown into a global leader in fuel cell technology, with systems deployed at more than 1,000 locations across nine countries. It is publicly traded on the New York Stock Exchange under the ticker BE.

The Energy Server platform is the core of the business, delivering near-zero-emission power at up to 99.999% availability. Technical work spans solid oxide fuel cells, electrolysis, distributed energy generation and combustion-free power generation. In 2024 the company signed a 1 GW agreement with American Electric Power, the largest fuel cell agreement to date.

Customers include American Electric Power, Walmart, Google, Equinix and Oracle, spanning utilities, retail, data centres and AI infrastructure. The firm's stated mission is to make clean, reliable energy affordable for everyone on Earth, and its technology has roots in NASA Mars mission research.

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