Company Overview of Bloom Energy Corporation
Bloom Energy Corporation manufactures on-site power generation systems (distributed power generators) that generate electricity. It serves Fortune 500 companies, including retail and logistics, technology, banking and financial services, real estate, manufacturing, food and beverages, data centers, biotechnology and healthcare, government and military, residential, nonprofits and universities, and entertainment markets through retailers and suppliers worldwide. Bloom Energy Corporation was formerly known as Ion America Corp. and changed its name to Bloom Energy Corporation in 2006. The company was founded in 2001 and is based in Sunnyvale, California.
1299 Orleans Drive
Sunnyvale, CA 94089
Founded in 2001
Key Executives for Bloom Energy Corporation
Co-Founder, Chief Executive Officer, Principal and Director
Chief Financial Officer and Chief Commercial Officer
Compensation as of Fiscal Year 2015.
Bloom Energy Corporation Key Developments
Constellation and Bloom Energy to Jointly Develop Fuel Cell Projects
Aug 13 15
Constellation Energy Resources LLC and Bloom Energy Corp. are partnering again to develop 40 MW of fuel cell projects for commercial and public sector customers in California, Connecticut, New Jersey and New York. Under an agreement, Constellation, an Exelon Corp. subsidiary, will provide equity financing and own a majority equity interest in Bloom Energy Servers at more than 170 sites for customers, including AT&T; the City of Hartford, Conn.; and Wal-Mart.
The Stop & Shop Supermarket Company LLC Installs Bloom Energy Fuel Cell in Mt. Vernon, New York Supermarket
Feb 24 15
The Stop & Shop Supermarket Company LLC, a division of Ahold USA, announced that a Bloom Energy fuel cell will power the company's Mt. Vernon, New York store. The 250 kW system at Stop & Shop in Mt. Vernon will generate more than 2 million kWh each year, resulting in carbon reductions of more than 700,000 lbs. of CO2 annually. Bloom Energy's solid oxide fuel cell converts fuel into electricity through a highly efficient electrochemical process, instead of combustion, to provide on-site, clean and reliable power. These fuel cell projects are the latest addition to Stop & Shop's clean and renewable energy portfolio that also includes solar panel systems on the roofs on 38 of its stores, capable of generating 9.5 million kWh each year. As part of its Better Neighbor Promise to care for the environment, Stop & Shop has a goal to reduce its carbon footprint by 20% by 2015 using 2008 as a baseline. This project supports the company's carbon reduction goals and continues to deliver electricity even through grid outages, like those experienced in the aftermath of Superstorm Sandy. Stop & Shop is also committed to building energy efficient and sustainable stores. It has a goal to reach Zero waste by the year 2020. This means that at least 90% of the waste generated by its stores will be diverted from landfills. Support for this project was provided by the New York State Energy Research and Development Authority.
Morgan Stanley Installs Bloom Energy Fuel Cells at Purchase, NY Facility
Nov 14 14
Morgan Stanley unveiled a new fuel cell system manufactured by Bloom Energy. The system, which was installed at the firm's headquarters facility at 2000 Westchester Avenue in Purchase, NY, is now operational and supplying energy to the building. The fuel cell system, along with a solar panel field completed earlier this year, are the latest in a series of initiatives to improve the facility's energy efficiency and resiliency. The Bloom Energy fuel cell system produces electricity without burning fossil fuels, thus reducing emission of greenhouse gases. It will supply approximately 250 kilowatts (kW) of constant base load power to the facility, as well as grid-independent electricity to power portions of the building's critical load during grid outages.
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