Company profile: Bloom Energy
1.1 - Company Overview
Company description
- Provider of on-site power generation systems and microgrids delivering sustainable, resilient, affordable electricity for businesses and communities. Offerings include AlwaysON Microgrids, Primary Power, solid oxide electrolyzers producing clean hydrogen, hydrogen fuel cells generating carbon-free electricity, biogas solutions creating clean energy without emissions, and certified gas collaborations to reduce methane emissions.
Products and services
- Primary Power: On-site, fuel-cell-based generation for businesses and communities that delivers affordable, efficient electricity using materials-science breakthroughs with roots in NASA’s Mars program, derived from a common sand-like powder
- AlwaysON Microgrids: Resilient microgrid systems delivering sustainable power that protects businesses and communities from grid disruptions, ensuring local generation and continuity during outages
- Electrolyzers: Solid-oxide systems that produce clean hydrogen using less electricity, pioneering in the field for efficient hydrogen generation
Key contacts
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Financial details
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1.2 - Competitors and similar companies to Bloom Energy
Excell Battery
HQ: Canada
Website
- Description: Provider of custom battery packs and power solutions for medical equipment, robotics, MWD/LWD downhole and pigging, industrial instrumentation, utilities, and renewables & lighting. Offers technical support including engineering and design for new and existing projects, UN Testing services, and comprehensive battery pack testing services in support of client-driven applied R&D projects.
- Rationale: This competitor operates in a highly similar market segment with overlapping features.
- Company type: Private company
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- Total funding raised: $●●●m
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EC Power
HQ: United States
Website
- Description: Provider of lithium-ion battery modelling software and thermally modulated cell technology that heats cells from the inside out; sold Autolion software to Gamma Technologies and now exclusively focuses on developing the possibilities unlocked by thermal modulation.
- Rationale: This competitor operates in a highly similar market segment with overlapping features.
- Company type: Private company
- Employees: ●●●●●
- Total funding raised: $●●●m
- Backers: ●●●●●●●●●●
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Hesstec
HQ: Spain
Website
- Description: Provider of hybrid energy storage and grid stability solutions. Offers INERTIA+ for inertia and voltage control replacing synchronous condensers; Res+ for time shifting, arbitrage, power smoothing and frequency response with renewables or standalone; UGRID+ for C&I stability and self-consumption; EV-Enable for EV charging and microgrid management; Geports for port microgrids; and In Depth Analysis for storage project tenders.
- Rationale: This competitor operates in a highly similar market segment with overlapping features.
- Company type: Private company
- Employees: ●●●●●
- Total funding raised: $●●●m
- Backers: ●●●●●●●●●●
- Acquisitions: ●●
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Energy Vault
HQ: Switzerland
Website
- Description: Provider of utility-scale, gravity-based energy storage for renewable energy, including EVx commercial-scale systems with high round-trip efficiency and long operational lifespans and G-VAULT products that separate power and energy. Offers B-VAULT lithium-ion storage, H-VAULT hydrogen storage for multi-day resilience, and VaultOS software for real-time monitoring and control of energy storage and generation assets.
- Rationale: This competitor operates in a highly similar market segment with overlapping features.
- Company type: Private company
- Employees: ●●●●●
- Total funding raised: $●●●m
- Backers: ●●●●●●●●●●
- Acquisitions: ●●
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Green Flexibility
HQ: Germany
Website
- Description: Provider of extensive battery storage systems, operating as a manufacturer.
- Rationale: This competitor operates in a highly similar market segment with overlapping features.
- Company type: Private company
- Employees: ●●●●●
- Total funding raised: $●●●m
- Backers: ●●●●●●●●●●
- Acquisitions: ●●
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2.M&A buyers
2.1 Potential strategic acquirers in the sector
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2.2 - Strategic buyer groups for Bloom Energy
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Buyer group 3: ████████ ████████
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Key Products: ████████, ████████, ████████, ████████
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3. Investors and private equity firms
3.1 - Buyout funds investing in similar companies to Bloom Energy
2.2 - Growth funds investing in similar companies to Bloom Energy
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4 - Top valuation comps for Bloom Energy
4.2 - Public trading comparable groups for Bloom Energy
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