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 Corporation develops and manufactures solid oxide fuel cell systems for onsite electricity generation. The company’s Bloom Energy Servers are fuel-flexible systems used for stationary power applications, including data centers, semiconductor manufacturing, utilities, and other commercial and industrial customers in the United States and international markets.
Bloom Energy news commonly covers quarterly results, revenue guidance, product and service margins, backlog trends, and demand for onsite power tied to AI and cloud infrastructure. Company updates also include customer partnerships such as Oracle, U.S. manufacturing, executive appointments, and market reports on data center power availability.
Bloom Energy and El Camino Health have launched the Shield T3 COVID testing system at Bloom Energy's facility in Sunnyvale, California. The new mobile lab offers rapid and inexpensive testing, requiring only saliva samples. Results are available within six hours, boasting a specificity of over 99%. One in six tests purchased will be donated to Gardner Health Services to assist communities severely impacted by COVID-19. The lab can process up to 10,000 tests daily, supporting local businesses and schools in maintaining operations during the pandemic.
Bloom Energy (NYSE: BE) will host a Virtual Analyst Day on December 16, 2020, at 11:00 a.m. ET/8:00 a.m. PT. CEO KR Sridhar and the executive team will discuss a comprehensive strategy aimed at enhancing sustainable growth and shareholder value. The event will feature a live video Q&A session, where participants can submit questions in advance via Investor@BloomEnergy.com. A live webcast with presentation materials will be available on Bloom Energy’s website. The event can also be accessed as an archived recording.
Bloom Energy (NYSE: BE) and SK Engineering and Construction have been awarded a competitive RFP under the RE100 initiative to supply solid-oxide fuel cells and electrolyzers powered by 100% hydrogen at an industrial site in Changwon, Korea. Bloom Energy will provide 1.8 megawatts of fuel cells as part of a microgrid initiative, including onsite solar and battery storage. The project highlights the growth of South Korea's hydrogen economy, with plans for significant fuel cell installations by 2040, underlining Bloom's position in the emerging hydrogen market.
Bloom Energy Corporation (NYSE: BE) will hold an investor conference call on November 18, 2020, at 4:30 PM EST. The call will feature executives discussing the company's strategy in the hydrogen market and updates on hydrogen-powered fuel cells. Investors can join via phone or a live webcast on Bloom Energy's website. A replay will be available until November 25, 2020. Bloom Energy aims to deliver affordable, clean energy, serving numerous Fortune 100 companies across various sectors.
Bloom Energy (NYSE: BE) has completed the conversion of its outstanding 10% Convertible Promissory Notes, retiring a balance of $249 million. The company has also called its remaining $79 million of 10% Senior Secured Notes due 2024, with redemption set for November 8, 2020. These moves aim to enhance liquidity and strengthen the balance sheet, providing flexibility to pursue growth in new industrial markets. Bloom is set to release its Q3 2020 financial results on October 29, 2020.
Bloom Energy (NYSE: BE) will host an investor conference call on October 8, 2020, at 4:30 PM ET to discuss the decarbonization of the marine transport industry. Led by CFO Greg Cameron and VP Preeti Pande, the call will cover necessary innovations and policies to help the sector meet the International Maritime Organization’s mandates. A US toll-free dial-in is available at 1-833-520-0063 and a live webcast can be accessed on the company’s website. A replay will be available until October 15, 2020.