Bloom Energy (NYSE:BE), founded in 2001 and headquartered in San Jose, California, is a global provider of distributed power systems powered by solid oxide fuel cell technology. The company’s mission is to deliver cleaner, more reliable and resilient energy to organizations looking to reduce their dependence on traditional grid infrastructure and lower their carbon footprint. Bloom Energy leverages its proprietary “Bloom Energy Server” to enable on-site power generation that can operate on a variety of fuels, including natural gas and biogas.
The core offering, known as the Bloom Energy Server, consists of modular fuel cell stacks that convert fuel directly into electricity through an electrochemical process. This design eliminates the need for combustion and reduces the emission of pollutants. Customers sign long-term service and maintenance agreements that include system installation, fuel cell stack replacements, and remote monitoring. Bloom also provides integration services for renewable fuels, enabling clients to gradually shift from fossil-based fuels toward hydrogen and other low-carbon alternatives.
Bloom Energy’s systems are deployed across North America, Europe, Asia and India, serving a wide spectrum of industries such as data centers, healthcare, retail, manufacturing and utilities. Notable deployments have included collaborations with technology firms, retailers and public sector institutions seeking to bolster grid resilience while meeting sustainability targets. Through partnerships with local energy providers and engineering firms, Bloom Energy has expanded its footprint into key overseas markets, tailoring its solutions to meet regional regulatory and environmental requirements.
The company was founded by Dr. KR Sridhar, who serves as chairman and CEO, bringing his expertise in thermodynamics and solid oxide fuel cell research developed during his tenure at NASA’s Ames Research Center. Under Dr. Sridhar’s leadership, Bloom has continued to innovate in materials science, stack design and system integration. Its executive team includes seasoned professionals in operations, engineering and finance who guide strategic growth initiatives and foster research collaborations with academic institutions and national laboratories.
