Bloom Energy raised an additional $130 million in a continuation of a series G funding round that closed in 2011. This brings Bloom's total private funding to over $1 billion. Credit Suisse provided $30 million, while an unnamed investor added an additional $100 million. No additional existing in...
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News Commentary | July 09, 2021
The two companies will retrofit a Dornier 328 with a 1,500‑kW fuel cell, with plans to demonstrate the first flight by 2025, and then follow up with a 40‑seat commercial airliner by 2030. This announcement makes H2Fly and ZeroAvia the two most prominent companies attempting to commercialize hydrogen... Not part of subscription
News Commentary | July 19, 2021
A year after announcing its intention to enter the electrolysis market, Bloom Energy has launched its new solid oxide electrolyzer cell (SOEC) unit – the data sheet can be found here. One module has a capacity of 360 kW with an efficiency of 85% (excluding heat recycling) and a stack lifetime of ... Not part of subscription
News Commentary | December 02, 2021
Nikola will pay a $125 million fine over the next two years to the SEC to resolve the investigation of fraud allegations against the company's departed founder, which included mismanagement, fraud, and distorted marketing practices. Nikola also made false claims of its technology and market ... Not part of subscription