COMPANIES · ENERGY & GRID

Bloom Energy

Bloom Energy makes solid oxide fuel cell systems that generate electricity on site, typically from natural gas, for data centers, factories, utilities and other large users.

InfrastructureEnergy & grid
What it does

Bloom Energy makes solid oxide fuel cell systems that generate electricity on site, typically from natural gas, for data centers, factories, utilities and other large users.

Why it matters

Onsite fuel cells let AI data centers get power without waiting years for a grid connection; Bloom says AI data centers drove significant growth in 2025 and it has announced large deployments with Oracle and utility AEP.

How it makes money

Customers and utilities pay for fuel cell systems, installation and ongoing service, sometimes through financed power arrangements.

Geography

United States (San Jose, California)

AI stack position

Energy and the electrical grid. The companies that generate, distribute and manage the electricity AI infrastructure runs on. AI data centers use enormous amounts of power, so the companies producing and delivering that electricity are just as critical to the AI economy as the chip makers.

Same-layer peers

Same-layer peers share an editorial stack classification; that alone does not establish direct competition.

Connections (2)

Every connection below is tied to a readable source, date, classification and statement of its limits. A company source establishes what that company stated; it does not necessarily provide independent confirmation.

Current relationships (1)

Bloom Energy supplies fuel cell power systems to Oracle
SuppliesCurrent
Bloom Energy said it and Oracle expanded their partnership under a master agreement supporting up to 2.8 GW of fuel cell capacity, with an initial 1.2 GW deploying across Oracle projects in the United States.

Source: 2026-04-13 · reviewed 2026-09-26

Evidence: Primary-source statement · Reported operating (initial 1.2 GW deploying; remainder announced)

Limits: The 2.8 GW figure is a ceiling under a master agreement, not delivered capacity; does not establish pricing, timing of the remainder, or which specific sites are operating.

Bloom Energy and Oracle Expand Strategic Partnership to Deploy up to 2.8 GW to Accelerate AI Infrastructure Build-Out ↗

Dated or announced (1)

American Electric Power (AEP) agreed to procure fuel cells from Bloom Energy
Buys fromDated / announced
AEP said it secured an agreement for up to 1 GW of Bloom Energy solid oxide fuel cells to serve large customers such as data centers.

Source: 2024-11-14 · reviewed 2026-09-26

Evidence: Primary-source statement · Announced; not confirmed operating

Limits: Up to 1 GW is a ceiling, not delivered capacity; the release named no customers and does not establish price, timing or how much has been installed.

AEP Leveraging Fuel Cell Technology to Power Data Center Growth ↗

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Inclusion in this database is not an endorsement of a company or its securities. Nothing here is a recommendation to buy or sell anything, and none of it is individualized investment advice. See the disclosures. Data: AI Map v3.24, released .