Bloom Energy Corp is an innovative company focused on providing cleaner, reliable energy solutions through its cutting-edge fuel cell technology
By harnessing natural gas and hydrogen, the company designs and manufactures energy servers that convert these fuels into electricity with significantly reduced carbon emissions compared to traditional energy sources. Bloom Energy’s systems are utilized in various industries, including commercial, industrial, and residential sectors, helping to drive the transition toward sustainable energy. The company is committed to advancing clean energy initiatives and offers tailored solutions to meet the diverse energy needs of its clients.
Shares of electricity generation and hydrogen production company Bloom Energy (NYSE:BE) jumped 6.6% in the afternoon session after Conagra (NYSE:CAG) announced plans to partner with the company (Bloom Energy) to deploy Bloom's fuel cell technology at its manufacturing plants in Troy and Archbold, Ohio.
Shares of Bloom Energy Corporation (NYSE: BE) are trading higher Tuesday after the company announced a partnership with Conagra Brands Inc (NYSE: CAG) to implement fuel cell technology at its Ohio production facilities.
Conagra Brands is deploying Bloom Energy's fuel cell technology at its Ohio facilities through a 15-year PPA. This six-megawatt installation will provide up to 75% of the sites' electricity needs while cutting greenhouse gas emissions by 19%.
Looking back on renewable energy stocks’ Q4 earnings, we examine this quarter’s best and worst performers, including Bloom Energy (NYSE:BE) and its peers.
The end of the earnings season is always a good time to take a step back and see who shined (and who not so much). Let’s take a look at how renewable energy stocks fared in Q4, starting with FuelCell Energy (NASDAQ:FCEL).
Looking back on renewable energy stocks’ Q4 earnings, we examine this quarter’s best and worst performers, including TPI Composites (NASDAQ:TPIC) and its peers.
SpaceX, led by Elon Musk, is reportedly on the verge of securing billions in new federal contracts, indicates reports. The company is pursuing federal contracts to transport the first humans to Mars, aligning with Musk's push for NASA to focus on the red planet.
Earnings results often indicate what direction a company will take in the months ahead. With Q4 behind us, let’s have a look at First Solar (NASDAQ:FSLR) and its peers.
Bloom Energy has been on fire lately. In the past six months alone, the company’s stock price has rocketed 133%, reaching $23.81 per share. This was partly thanks to its solid quarterly results, and the run-up might have investors contemplating their next move.
The end of the earnings season is always a good time to take a step back and see who shined (and who not so much). Let’s take a look at how renewable energy stocks fared in Q4, starting with EVgo (NASDAQ:EVGO).
Carbonate fuel cell technology developer FuelCell Energy (NASDAQ:FCEL)
will be announcing earnings results tomorrow before market open. Here’s what to expect.
Electricity generation and hydrogen production company Bloom Energy (NYSE:BE) reported Q4 CY2024 results topping the market’s revenue expectations, with sales up 60.4% year on year to $572.4 million. The company’s full-year revenue guidance of $1.75 billion at the midpoint came in 3.6% above analysts’ estimates. Its non-GAAP profit of $0.43 per share was 39.9% above analysts’ consensus estimates.
