Clean energy from space
Bloom Energy’s (NYSE: BE) latest innovation, the Bloom Energy Server, is a technology that can generate 100 kilowatts of power and is the size of a shipping container. It can provide clean electricity to a small office building or a data center. It immediately caught the attention of industry giants like Google, eBay, and Walmart, who are deeply committed to becoming less of a burden on our planet. Now, I feel better using these platforms, knowing that part of their energy is cleanly sourced, and that our home can do better alongside us.
The Bloom Energy Server isn’t just a good idea; it’s a game-changer for the energy industry. The solid oxide fuel cells that power the Bloom Energy Server can run on a variety of fuels, including biogas, natural gas, and hydrogen. This makes it a flexible solution for businesses looking to reduce their carbon footprint.
This idea began with K.R. Sridhar, a mechanical engineer who worked on an ambitious project at NASA in the 1990s that aimed to split water using solar energy to create oxygen on Mars. Though the project ultimately was canceled, the idea of finding sustainable energy solutions stuck with Sridhar. He realized that the technology that could help us breathe on Mars could also help us breathe better on Earth.
Driven by his desire for improving conditions on earth, Sridhar changed the direction of his career and founded Bloom Energy (NYSE: BE) in 2001. His goal was to find new ways of generating energy with different fuels. The technology he developed is based on solid oxide fuel cells, which use a ceramic material to convert fuel into electricity without combustion.
But the Bloom Energy Server isn’t the only innovative product that Bloom Energy (NYSE: BE) has developed. The company has also created a device called the Bloom Electrons, which can be installed in homes and businesses to reduce energy costs and improve the reliability of the power supply. By providing energy on-site, Bloom Electrons can reduce the need for expensive and inefficient power transmission systems.
These innovations are just the beginning of a more decentralized and sustainable future. As we continue to adopt new technologies like cryptocurrencies, initiatives like Bloom Energy’s products will become even more critical. Many people view these developments as a regression for our planet and species, but in reality, they are just the beginning of a new era in which new eco-friendly breakthroughs will incentivize leading companies.
We have the power to actively participate in innovations that can lead us to a better and greener life with companies like Bloom Energy (NYSE: BE) that demonstrate such a strong commitment for a better future. The challenges that we face in the coming years shouldn’t frighten us, instead, they should be viewed as opportunities to build solutions to meet these great demands. As individuals, we can do our part by supporting companies that prioritize sustainability and by adopting eco-friendly habits in our daily lives. Together, we can build a brighter, greener future for ourselves and generations to come.