Bloom Energy: New 1 GW Deal in California - Barclays Upgrades Stock to Overweight
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Bloom Energy and California Resources aim to explore at least 1 GW of fuel cell capacity with CO₂ capture and storage in California. Potential customers explicitly include data centers, utilities, municipalities, and industrial companies. Barclays upgrades Bloom to overweight, seeing demand, capacity expansion, and customer deposits rise faster than expected. Bloom Energy opens the next gigawatt market in California Bloom Energy has added another significant potential order pathway. California Resources Corporation and its CO₂...
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