60 Minutes Bloom Box: Bloom Energy Fuel Cells
The TV series 60 Minutes has featured a segment on a new energy device called the Bloom Box. Bloom energy fuel cells, a highly touted and promoted source for clean energy, were unveiled this weekend on 60 minutes as the founder of the Bloom Box, K.R. Sridhar invited CBS's Leslie Stahl for a sneak peak at this new energy source.
Bloom Energy Stock Symbol: A start up does not have a stock symbol as far as I can tell
In the world of energy, the Holy Grail is a power source that's inexpensive and clean, with no emissions. Well over 100 start-ups in Silicon Valley are working on it, and one of them, Bloom Energy, is about to make public its invention: a little power plant-in-a-box they want to put literally in your backyard.
The Bloom Energy and its Bloom Box is one of many start ups who have jumped into the alternative energy market using fuel cells. The technology has plenty of potential but right now it is very expensive and these start ups like Bloom Energy are not making money.
Bloom lost $85 million in 2008, according to venture capitalists that have seen its business plan, roughly on par with other fuel-cell companies building energy boxes much like Bloom’s.
Google told Fortune that it has a 400 kilowatt installation from Bloom at its headquarters in Mountain View, California. But the real test, analysts say, is whether Google feels confident enough to use Bloom boxes to power its vast server farms upon which its business depends