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Bloom Energy Corp - BE STOCK NEWS

Welcome to our dedicated news page for Bloom Energy (Ticker: BE), a resource for investors and traders seeking the latest updates and insights on Bloom Energy.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Bloom Energy's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Bloom Energy's position in the market.

News
Bloom Energy to Receive up to $75 million in Federal Tax Credits for Fremont Manufacturing Plant
Rhea-AI Summary
Bloom Energy Inc. secures up to $75 million in tax credits to expand fuel cell manufacturing and enhance operational efficiency at its Fremont, CA facility. The funding aims to accelerate domestic clean energy manufacturing and reduce greenhouse gas emissions, reinforcing Bloom's commitment to decarbonization and solid oxide technology.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.8%
Tags
none
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News
Bloom Energy Inc. Signs Agreements with Shell to Investigate Opportunities for Innovative Large-Scale, Renewable Hydrogen Energy Projects
Rhea-AI Summary
Bloom Energy Inc. partners with Shell Plc. to explore decarbonization solutions using Bloom's SOEC technology. The collaboration aims to develop large-scale hydrogen systems to reduce carbon footprint in hard-to-abate industries. Bloom's electrolyzer technology produces clean hydrogen, offering a green alternative to grey hydrogen. The company has the largest operating electrolyzer manufacturing capacity globally and successfully demonstrated a 4 Megawatt solid oxide electrolyzer at NASA Ames.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
4.61%
Tags
none
-
News
Bloom Energy Reports Fourth Quarter and Full Year 2023 Financial Results with Record Full Year Revenues
Rhea-AI Summary
Bloom Energy Corporation (BE) reported record revenue of $1.3 billion for 2023, driven by growth in product and service revenue. Despite a decrease in fourth-quarter revenue, the company showed improvements in gross margin and operating profit.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-17.46%
Tags
earnings
News
Bloom Energy Introduces Load Following Capability to Enable Customers and Utilities to Meet Variable Electricity Load and Demand
Rhea-AI Summary
Bloom Energy (BE) introduces 'Be Flexible' offering, a new solution for variable electricity load and demand. It promises up to 50% cost savings, 50% carbon reduction, and 5 times faster power ramp than legacy solutions. The technology targets utilities and end customers like AI data centers, EV charging stations, and commercial developments. With over 1 gigawatt of deployment, Bloom aims to address power shortages and fluctuations in supply and demand effectively.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
6.85%
Tags
none
-
News
Bloom Energy to Announce Fourth Quarter and Fiscal Year 2023 Financial Results on February 15, 2024
Rhea-AI Summary
Bloom Energy Corporation (NYSE: BE) is set to release its Q4 and FY 2023 financial results on February 15, 2024, followed by a conference call to discuss the results. The conference call will be hosted by Bloom Energy's management and will be accessible via dial-in or live webcast. A telephonic replay and webcast replay will also be available for a limited time.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
6.1%
Tags
earnings
-
News
Bloom Energy and SK ecoplant Collaborate on a Major Hydrogen Project to be Developed by Korea Southern Power Co., Ltd
Rhea-AI Summary
Bloom Energy (NYSE: BE) and SK ecoplant announced a sale of Bloom's electrolyzer technology to deploy hydrogen as an energy source in a large-scale green hydrogen demonstration with the Korea Southern Power Co., Ltd. The demonstration for South Korea, commencing in late 2025, includes 1.8 megawatts (MW) of Bloom's Solid Oxide Electrolyzer (SOEC) technology to develop green hydrogen at scale for use as transport fuel on Jeju Island. The strategic partnership between Bloom Energy and SK ecoplant has strengthened their respective market leadership positions in power generation and the global hydrogen economy.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.13%
Tags
none
News
Bloom Energy and SK ecoplant Announce 500 MW Sales Agreement Strengthening Existing Partnership
Rhea-AI Summary
Bloom Energy (NYSE: BE) and SK ecoplant Extend Preferred Distributor Agreement, Expecting $1.5 Billion in Product Revenue and $3 Billion in Service Revenue by 2027
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.81%
Tags
partnership
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News
SoCalGas and Bloom Energy Powering Caltech with Innovative Campus Hydrogen Project
Rhea-AI Summary
Southern California Gas Company (SoCalGas) and Bloom Energy (NYSE: BE) have announced the powering of a portion of Caltech's grid with an innovative hydrogen project. This demonstrates the potential to displace traditional natural gas with hydrogen, providing long-duration clean energy storage and dispatchable power generation. The project showcases how leveraging existing infrastructure with electrolyzers and fuel cell technology may create resilient microgrids, safeguarding businesses, communities, and campuses from power disruptions. If developed at scale, this technology may help further California Governor Gavin Newsom's strategic initiatives to develop a hydrogen economy.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
6.27%
Tags
none
-
News
Bloom Energy Reports Record Revenue in Third Quarter 2023 Financial Results
Rhea-AI Summary
Bloom Energy Corporation (NYSE: BE) reported a 37% growth in total revenue for Q3 2023 compared to Q3 2022, driven by a 40.7% increase in Product and Service revenue. Despite a decrease in gross margin, non-GAAP gross margin improved by 12.4%. Operating loss decreased by $51.1 million, with a non-GAAP operating profit of $51.8 million. The company reaffirms its outlook for full-year 2023 with expected revenue of $1.4 - $1.5 billion and positive non-GAAP operating margin.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
8.37%
Tags
earnings
News
Bloom Energy to Announce Third Quarter 2023 Financial Results on November 8, 2023
Rhea-AI Summary
Bloom Energy Corporation will release its Q3 2023 financial results on November 8, 2023. A conference call will be held to discuss the results.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-4.32%
Tags
earnings
Stock BE logo
Bloom Energy Corp

NYSE:BE

BE Rankings

#1800 Ranked by Market Cap
#4603 Ranked by Stock Gains
N/A Ranked by Dividends

BE Stock Data

2.23B
193.26M
13.31%
82.76%
16.54%
Motor and Generator Manufacturing
Manufacturing
Link
US
San Jose

About BE

bloom energy has developed a revolutionary on-site primary (base load) power generation system called a bloom energy server based on proprietary fuel cell technology that provides a more reliable, cleaner and cost-effective alternative to the traditional electric power grid. this solution is designed to help businesses become more resilient and reduce uncertainty from grid dependence. our technology, first developed for nasa's mars program, is among the most efficient power generation technology on the planet, providing significantly reduced operating costs and producing dramatically lower greenhouse gas emissions. bloom energy servers are currently producing power for several fortune 500 companies including google, walmart, at&t, ebay, staples, the coca-cola company, as well as notable non-profit organizations such as caltech and kaiser permanente. as one of silicon valley’s most promising startups, bloom was the first clean energy technology investment for kleiner perkins and nea,