Bloom Energy Corporation (BE)
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The SK deal adds a lot of value to Bloom. The revenue from this deal alone makes Bloom's 2025 target easily achievable.
Analysts and investors are turning increasingly bullish on the fuel-cell stock.
As the world pushes toward a clean energy future, these companies could generate big returns for their shareholders.
The stock price of Bloom Energy Corp (NYSE: BE) increased by 37.15% yesterday. This is why it happened.
Big news from Bloom Energy has BE stock shooting up. The company appears headed toward a future that is green in more ways than one.
Bloom Energy Corp (NYSE:BE) and SK ecoplant, an affiliate of South Korean conglomerate SK Group, expand their existing partnership to strengthen their position in the hydrogen and power generation markets. Under the partnership, SK ecoplant targets approximately $500 million equity investment in Bloom Energy.
The fuel cell specialist has bagged a massive deal that could finally help it become profitable.
Bloom Energy and SK ecoplant Expand Highly Successful Power Generation Partnership and Invest to Establish Market Leadership in the Hydrogen Economy2021-10-25 08:00
SAN JOSE, Calif. & SEOUL, South Korea--(BUSINESS WIRE)--Bloom Energy (NYSE: BE), a leading energy company, and SK ecoplant, an affiliate of South Korean conglomerate SK Group, today announced the companies are expanding their existing partnership to fortify their market leadership in power generation and to establish market leadership in the hydrogen economy. The partnership includes purchasing a minimum of 500 megawatts (MW) from Bloom Energy, representing a $4.5 billion revenue commitment; co
The CEO of industrial giant Siemens threw cold water on the prospects for the hydrogen economy this week.
SAN JOSE, Calif.--(BUSINESS WIRE)---- $BE #earnings--Bloom Energy (NYSE: BE) today announced it will release its third quarter fiscal year 2021 financial results on November 4, 2021 after market close. Bloom Energy's management will host a conference call at 2:00 p.m. Pacific Time (PT)/ 5:00 p.m. Eastern Time (ET) on the same day to discuss these results. Q3 2021 Conference Call and Webcast Date: November 4, 2021 Time: 2 p.m. PT/ 5 p.m. ET Live Dial in: Domestic (833) 520-0063 | International +1 (236) 714-2197 P