Company Overview
About Bloom Energy
Bloom Energy Corporation is a San Jose, California-based solid oxide fuel cell manufacturer — publicly traded on the New York Stock Exchange (NYSE: BE) — designing and manufacturing the Bloom Energy Server (Bloom Box), a distributed on-site power generation system that converts natural gas, biogas, or hydrogen into electricity through electrochemical conversion rather than combustion. Founded in 2001 by CEO KR Sridhar, who originally developed solid oxide fuel cell technology for NASA's Mars program, Bloom Energy has installed approximately 1.4 gigawatts of systems at over 1,000 locations across nine countries, serving customers including Google, Walmart, Equinix, and Apple. In fiscal year 2024, Bloom Energy reported annual revenue of $1.47 billion. In 2025, Bloom Energy announced a $5 billion strategic partnership with Brookfield Asset Management to deploy fuel cell technology across AI data centers globally — positioning Bloom Energy as a primary power solution for the surging energy demand from artificial intelligence infrastructure, with a European site expected before end of 2025. Bloom Energy went public in 2018 after raising over $1 billion in venture capital.
Business Model & Competitive Advantage
Bloom Energy's solid oxide fuel cell technology addresses the power reliability and carbon intensity gap for mission-critical facilities that cannot tolerate grid interruptions and face increasing pressure to reduce emissions: data centers running AI workloads require 99.9999% uptime (""six nines"") that the electrical grid — subject to weather events, transmission failures, and frequency instability — cannot guarantee without costly backup generator infrastructure. Bloom's on-site fuel cell generation (converting natural gas or hydrogen directly to electricity at 60%+ efficiency through electrochemical reaction, versus 33-40% efficiency of grid power plants) provides the continuous on-site baseload power that AI data centers require without combustion emissions or grid dependency. The fuel-agnostic design (natural gas today, hydrogen tomorrow as clean hydrogen supply grows) provides a future-proof pathway for data center operators committed to net-zero targets.
Competitive Landscape 2025–2026
In 2025, Bloom Energy competes in the distributed power generation, fuel cell, and data center clean energy market with Cummins (NYSE: CMI, hydrogen fuel cells and generators), Plug Power (NASDAQ: PLUG, hydrogen fuel cells, $500M+ raised), and natural gas peaker plants and diesel generators for AI data center power supply contracts and corporate clean energy procurement. The $5 billion Brookfield partnership (the largest deployment commitment in Bloom's history) reflects hyperscaler and institutional infrastructure investors' recognition that grid power cannot scale fast enough for AI data center buildout timelines — where new substations take 3-7 years to permit and construct while data center demand grows 40% annually. The partnership's European component addresses EU data center operators facing strict carbon reporting requirements under CSRD. The 2025 strategy focuses on executing the Brookfield partnership deployments, converting the AI data center power crisis into long-term PPA contracts, and advancing the hydrogen fuel cell roadmap for zero-carbon distributed generation.
The Bloom Energy Story
Founders
Recent Activity
View all →Power availability now defines data center site selection. Explore how developers are choosing locations — and why Texas, the Southeast, and onsite generation are reshaping the map. The post Data Center Site Selection: Why Power Defines Where You Can Build appeared first on Bloom Energy .
Quarterly Report filed 2026-04-29
Material Event filed 2026-04-28
Material Event filed 2026-04-27
Colocation delivers a cost-effective way for businesses to store their infrastructure without incurring the high costs of building and maintaining their own private data centers. The post What is a Colocation Data Center? Types, Benefits, & Choosing the Right Facility appeared first on Bloom Energy .
Material Event filed 2026-04-13
Proxy Statement filed 2026-04-08
Material Event filed 2026-03-26
It can take years for a new facility to connect to grid power, due to planning, permitting, and transmission construction timelines. The post Time to Power: The New Competitive Advantage for Manufacturers appeared first on Bloom Energy .
Companies moving at the speed of AI require power at the speed of AI, and they are increasingly taking matters into their own hands, Bloom Energy’s 2026 Data Center Power Report reveals. The post Onsite Power, New Geographies Will Dominate Data Center Market by 2028 appeared first on Bloom Energy .
Learn how PEM fuel cells work, where they excel, and why SOFC technology is emerging as a practical, fuel-flexible solution for continuous, low-carbon power today and in a hydrogen-ready future. The post PEM Fuel Cells Explained — and How SOFCs Enable Reliable, Always-On Power appeared first on Bloom Energy .
Company Timeline
Major milestones in Bloom Energy's journey
Leadership Team
Meet the leaders behind Bloom Energy
KR Sridhar
KR Sridhar founded Bloom Energy in 2001 after serving as director of the Space Technologies Laboratory at the University of Arizona, where he developed fuel cell technology for NASA's Mars program. He has led the company from stealth mode through IPO and continues to drive innovation in clean energy solutions.
Gregory Cameron
Gregory Cameron was appointed as Executive Vice President and Chief Financial Officer effective April 1, 2020. He oversees all financial operations, strategic planning, and investor relations as Bloom Energy scales its operations globally.
Venkat Venkataraman
Venkat Venkataraman serves as Executive Vice President of Engineering and Chief Technology Officer, leading Bloom Energy's technical innovation and product development efforts to advance fuel cell technology and efficiency.
Susan Brennan
Susan Brennan serves as Chief Operations Officer, overseeing Bloom Energy's global operations, manufacturing, supply chain, and deployment of fuel cell systems across customer sites worldwide.
Matt Ross
Matt Ross serves as Chief Marketing Officer, leading Bloom Energy's marketing strategy, brand positioning, and customer engagement as the company expands into new markets including AI data centers and international deployments.
Shawn Soderberg
Shawn Soderberg serves as Executive Vice President, General Counsel, and Secretary, overseeing legal affairs, compliance, governance, and risk management for Bloom Energy's global operations.
Key Differentiators
Emerging Innovator
Bloom Energy is an emerging player bringing innovative solutions to the Climate & Energy market.
Frequently Asked Questions
Estimated Visibility Trend (Beta)
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