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Bloom Energy – billion-dollar deal triggers price explosion

Bloom Energy – billion-dollar deal triggers price explosion

Bloom’s energy supply concept, © Bloom

Bloom’s energy supply concept, © Bloom

Bloom Energy gained its South Korean customer and corporate partner of many years, SK ecoplant, as a shareholder and, thanks to the existing good working relationship, has even bagged a USD 4.5 billion order – for hardware and software and also service revenue – for 500 megawatts for the time being. This order should only be the start though and so ought to have further potential. SK ecoplant, part of the SK Group, is the largest energy corporation in South Korea and is planning to invest multiple billions in fuel cells and hydrogen, said to be about USD 25 billion. (more…)

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