Bloom Energy Corporation is a U.S.-based public company that designs, manufactures, sells and services solid oxide fuel cell systems for onsite, stationary power generation and solid oxide electrolyzers for hydrogen production. Its fuel-flexible platforms can run on natural gas, biogas or hydrogen and target mission-critical customers such as data centers, hospitals, manufacturers, utilities and microgrids in the U.S. and selected international markets.[6][1][12]
2,130
Employees
$1.8B
Annual revenue (FY2024)
9
Countries
Main activities
Design and manufacture of solid oxide fuel cell systems for stationary, onsite power generation.[6][1]
Design and supply of solid oxide electrolyzer systems for hydrogen production.[1][6]
Installation, operation and maintenance services for distributed energy and microgrid solutions.[3][5]
Development of energy solutions using natural gas, biogas and hydrogen for lower-carbon power.[4][10]
Partnering with utilities, EPCs and corporates to deploy resilient, behind-the-meter power and microgrids.[3][12]
United States of AmericaRepublic of KoreaIndiaJapanGermanyItalyUnited KingdomSpainTaiwan
🎯 Hydrogen and fuel cell technology leader
Bloom Energy is a prominent solid oxide technology player in the hydrogen value chain, offering both stationary fuel cell systems and high-temperature electrolyzers.[1][6] Its fuel-flexible Bloom Energy Server already operates on natural gas, biogas and hydrogen, while the Bloom Electrolyzer targets efficient green and low-carbon hydrogen production for industrial, mobility and power applications.[1][4] The company does not directly produce ammonia but positions its hydrogen solutions for sectors such as refining, chemicals and fertilizer that consume hydrogen as an input.
Products
Bloom Energy Server(Solid oxide fuel cell (SOFC) power platform)since 2010 — Fuel-flexible SOFC system providing 24/7 onsite power using natural gas, biogas or hydrogen.[4][6]
Bloom Electrolyzer(Solid oxide electrolyzer (SOEC) for hydrogen production)since 2020 — High-temperature electrolyzer leveraging the same SOFC stack to produce hydrogen at high electrical efficiency.[1][6]
Hydrogen-ready Energy Server configurationsdraft(Hydrogen-fueled stationary fuel cell)since 2021 — Configured to run on blends up to 100% hydrogen for zero-combustion power where hydrogen is available.[4][10]
Partnerships
SK Ecoplantsince 2018 — Strategic partnership and multi-gigawatt orders to deploy Bloom Energy Servers and electrolyzers in South Korea and other markets.
AECOMdraftsince 2019 — Engineering and project delivery collaboration for distributed generation and microgrid projects using Bloom’s fuel cell and electrolyzer technology.[3]
Multiple U.S. utilities and data center operatorssince 2016 — Deploy SOFC-based power and pilot hydrogen solutions to enhance grid resilience and decarbonization.[10][12]
Facilities of note
San Jose Headquarters and Technology Center(US) — Corporate HQ, product development and hydrogen/fuel cell technology R&D.[12]
Newark, Delaware Manufacturing and Assembly Site(US) — Manufacturing and assembly of solid oxide fuel cell and electrolyzer systems.
Recent milestones
2024 — Expanded deployment of Bloom Electrolyzer systems for industrial and energy customers, positioning Bloom as a key SOEC hydrogen supplier.[1]
2024 — Reported approximately 1.4 GW of Bloom Energy Server systems deployed across more than 1,000 locations in nine countries, many configured as hydrogen-capable.[1][10]
2023 — Advanced commercialization of hydrogen-ready Energy Server units capable of operating on high hydrogen blends for zero-combustion stationary power.[4][6]
2023 — Strengthened partnership activity with SK Ecoplant and other international partners to scale SOFC and electrolyzer deployments in Asia and Europe.[3][12]
Outlook (12-24 months)
Bloom Energy is likely to focus on scaling its Bloom Electrolyzer deployments and demonstrating cost and efficiency advantages of high-temperature electrolysis in industrial and utility-scale hydrogen projects. Its hydrogen-ready Energy Server platform positions the company to benefit from growing low-carbon hydrogen availability, offering both power generation and hydrogen production solutions. While Bloom is not directly in ammonia production, its hydrogen technology is strategically aligned with decarbonizing ammonia, refining and other hydrogen-intensive sectors.
Competitors
FuelCell Energy(US) — Competes in stationary fuel cell power for commercial and utility customers.
Plug Power(US) — Hydrogen and fuel cell company active in electrolyzers and stationary applications.
Doosan Fuel Cell(KR) — Korean supplier of stationary fuel cell power systems.
Ceres Power(GB) — Licenses solid oxide fuel cell and electrolyzer technology for distributed power and hydrogen.
Bloom Energy is a U.S. energy technology company best known for its solid oxide fuel cell–based "Energy Server" systems that deliver onsite electricity to large commercial and industrial customers. It positions itself as a provider of ultra‑reliable, scalable and relatively low‑emissions onsite generation that can be d
Bloom Energy, founded in 2001 (originally as Ion America) and headquartered in San Jose, California, is a publicly listed company (NYSE: BE) that develops and sells solid oxide fuel cell-based Energy Server systems for distributed, always-on power in commercial, industrial, and data center applications. The company pos
Bloom Energy is a California‑based clean‑energy company founded in 2001 by K.R. Sridhar, an aerospace engineer who previously worked on NASA life‑support concepts, and it went public on the New York Stock Exchange in 2018 under the ticker BE. The firm’s core product is the Bloom Energy Server, a modular solid oxide fue
Bloom Energy's solid oxide fuel cell (SOFC) systems are being deployed in AI data centers for on-site power generation. They have secured significant contracts with enterprises and utilities for their SOFC capacity.
Founded in 2001, Bloom will supply up to 2.45 GW of fuel cell capacity to Oracle's New Mexico campus in a microgrid configuration. Recent deals include powering data centers for hyperscalers amid energy transition.
Bloom Energy Corporation is a manufacturer of solid oxide fuel cells and power generation systems. The company's primary product is the Bloom Energy Server, which converts standard low-pressure natural gas into electricity. As of April 13, 2026, Bloom Energy has a market capitalization of approximately $25.4-46.76 bill
Bloom Energy represents 19.38% of the Global X Hydrogen UCITS ETF holdings and 13.88% of the HYDR ETF holdings, making it a major constituent in hydrogen-focused investment vehicles. The company develops fuel cell technology for stationary power generation.
Founded in 2001 as Ion America, rebranded to Bloom Energy in 2006, headquartered in San Jose, California. Public company since 2018 with over 2,127 employees and $1,473.9 million revenue in 2024. Powers data centers and other sectors with fuel cells using natural gas, biogas, or hydrogen. Installed 1.4 GW across nine c
Founded in 2001, headquartered in San Jose, California. Provides fuel cell 'Energy Servers' that generate power through electrochemical processes using natural gas, biogas, or hydrogen. Customers include Fortune 100 companies like Equinix. Released the 2026 Data Center Power Report surveying 152 decision-makers, highli
Founded in 2001 as Ion America in Sunnyvale, California (headquartered in San Jose), by KR Sridhar and team leveraging NASA-derived technology. Publicly traded on NYSE (BE) since 2018. Develops Energy Servers using natural gas, biogas, or hydrogen. Recent expansions include hydrogen electrolyzers, contracts with SK eco
Planning documents for the BFC Power and Cheyenne Power Hub indicate the use of Bloom Energy fuel cells alongside natural gas-fired generation to provide power for the Project Jade data center campus.[1] Bloom Energy is not the project developer but a technology supplier referenced in the planning documents.
Founded in 2001, market leader in fuel cell market with advanced SOFC technology, high efficiency up to 60%, partnerships with major corporations, stock price around $63.79 as of September 2025, remarkable 410% stock jump in 2025[1][2][3]
Bloom Energy is a leading US fuel cell company, referenced as having already established the fuel cell-data center model with customers like Equinix and Oracle. In October 2025, Bloom Energy partnered with Brookfield on a $5 billion AI infrastructure project[2].
A leading global player in commercial SOFC production, Bloom Energy is regularly cited as a market leader and innovator in the commercialization of SOFC systems for clean, distributed power generation.
Bloom Energy, publicly traded on NYSE under the symbol 'BE', is an American company founded in 2001 and headquartered in San Jose, California. The company focuses on modular, fuel-flexible power solutions, primarily for commercial and industrial customers. Its Bloom Energy Server is notable for providing environmentall
Bloom Energy has been contracted by utility companies like AEP Ohio to build and maintain solid oxide fuel cell systems for major data center operators, including Amazon. Bloom is known for its proprietary fuel cell technology deployed for large distributed energy installations.[2]
Founded in 2001, Bloom Energy is known for deploying advanced SOFC systems for stationary and transport applications. They have partnerships globally, particularly in sectors aiming to decarbonize through fuel cell adoption. For this project, Bloom is responsible for supplying and integrating SOFCs powered by LNG, prov
Bloom Energy is a U.S.-based company specializing in clean energy solutions, particularly solid oxide fuel cells that can generate electricity from a variety of fuels, including hydrogen. The company has been a visible industry player, investing in fuel cell technology and expanding into hydrogen-based energy solutions
Founded in 2001, publicly traded since 2018. Has deployed over 1.3 GW of fuel cells globally, recently expanding large commercial procurement agreements (AEP, Equinix) specifically for data centers and on-site generation. Partnered with BFC Power and is central to the Wyoming power plant plan.
Founded in 2001, Bloom Energy is known for its Energy Server—a modular, fuel-flexible SOFC platform. Recently, Bloom's 65kW Marine Power Module became the first SOFC approved for marine use by ABS, highlighting its expansion into maritime decarbonization[1][2].
The top holding in HYDR; Bloom Energy stock gained 8.7% on September 17, 2025, showing significant investor momentum within the hydrogen and fuel cell space[3].
Founded in 2001, Bloom Energy is recognized as a global market leader in solid oxide fuel cells (SOFCs). It has longstanding collaboration with MTAR for component supply and electrolyzer scaling. Bloom Energy recently reported solid revenue growth, is expanding globally (notably in Korea), and holds a huge order backlo
Founded in 2001 in California, Bloom Energy is a leader in commercial solid oxide fuel cells and has been key to global scale-up of fuel cell technology, working closely with South Korean partners on localization and supply chain integration for SOFCs.[2]
Founded in 2001, Bloom Energy supplies solid oxide fuel cells primarily to commercial and industrial clients. For over a decade, Bloom has partnered with Equinix to install fuel cells at data centers, expanding to over 100 MW across 19 sites in six states as of February 2025[1][2][3][4][5].
Founded in 2001, Bloom Energy has established itself as a pivotal player in the on-site and distributed power generation sector. They focus on providing fuel-flexible, high-efficiency stationary power sources, serving data centers, industrial clients, and entering the hydrogen market via electrolyzers, with increasing
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