Bloom Energy – on the right track

In the first quarter, Bloom was able to generate a good US$ 200 million in sales. The bottom line was a minus of US$ 8.8 million or minus US$ 0.22 per share. Nevertheless, a noticeable improvement compared with the same quarter of the previous year, in which a minus of US$ 22.5 million was reported. This represents growth of around 18.5 percent. The cash position is very healthy, amounting to US$ 327.9 million plus US$ 42 million from Power Purchase Agreements (PPAs).

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Trump Administration Update

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The Trump government’s move toward fossil fuels has intensified in the fourth quarter. The Energy Information Center is primarily intended for power plants that are to receive a certain electricity price in order to be able to guarantee base load protection. The Environmental Protection Agency (EPA) is committed to revamping and eliminating the clean power plan.

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