Bloom Energy is the creator of an on-site power generation system that utilizes a new fuel cell technology with roots in NASA's Mars program. Derived from a common sand-like powder, and leveraging advances in materials science, their technology is able to produce clean, reliable, affordable power from a wide range of renewable or traditional fuels. Their Energy Servers™ are among the most efficient energy generators on the planet; providing for significantly reduced electricity costs and dramatically lower greenhouse gas emissions. By generating power on-site, where it is consumed, Bloom Energy offers increased electrical reliability and improved energy security, providing a clear path to energy independence. Founded in 2001, Bloom Energy is headquartered in Sunnyvale, California.
Bloom Energy on 60 Minutes:
*Based on Preferred Stock Price, Bloom Energy does not have a stock symbol since it is currently private and is yet to have an IPO.
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