Bloom Energy receives $75 million in tax credits to expand fuel cell manufacturing at its California facility
Bloom Energy Inc. has received $75 million in tax credits from the Department of Energy, Department of Treasury, and the Internal Revenue Service. The company, which focuses on clean energy solutions, will use the money from the Qualifying Advanced Energy Project 48C initiative to fund its recently opened multi-gigawatt Fremont, California manufacturing plant. Bloom plans to expand domestic manufacturing and fuel cell and electrolyzer production capacity at the plant, which manufactures high-efficiency fuel cell stacks.
What people are saying
In a recent quote, KR Sridhar, Founder, Chairman and CEO of Bloom Energy, said, “The $75 million of funding from the Federal government is a vote of confidence in Bloom’s commitment to domestic manufacturing, in our solid oxide technology, and in our mission to facilitate the energy industry’s decarbonization. These funds will enable us to invest in the operational efficiency of our Fremont facility and accelerate the expansion of our stack capacity, so that we can continue to deliver timely, resilient power solutions to our customers.”
Bloom Chief Operating Officer Satish Chitoori added, “The Qualifying Advanced Energy Project Tax Credit is a highly sought after government incentive that brings financial support to over 100 projects across 35 states to accelerate domestic clean energy manufacturing and decarbonization. The $75 million tax credit, equaling up to 30% of expenditures to expand the Fremont capacity, recognizes our commitment to scaling domestic manufacturing, so we are grateful to have been among the companies to receive the credit for capital projects.”
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About the Author
Alexis GajewskiAlexis Gajewski
Senior Content Strategist
Alexis Gajewski is a manufacturing writer and editor with nearly 20 years of experience covering the people, practices, and technologies that keep industrial facilities running. For more than a decade, she served as Senior Content Strategist for Plant Services, creating content for plant managers, engineers, and maintenance professionals on a variety of industrial topics.
During her tenure, Alexis worked to develop the brand’s digital strategy and helped launch and produce Great Question: A Manufacturing Podcast. She also created The Lighter Side of Manufacturing, a weekly blog that explored the inventive and sometimes humorous side of the industry.
Alexis co-founded Influential Women in Manufacturing, a recognition program that honored 49 women in its first two years, earned an industry award for Best Product Launch, and received a proclamation from Illinois Governor JB Pritzker and a commendation from U.S. Senator Tammy Duckworth.
She also led newsroom operations and development at a large media company where she set editorial standards, developed training curriculum, and helped support AI adoption for more than 150 editors across 80+ brands spanning manufacturing, industrial processing, automation, and more.
Additionally, Alexis works as a freelance writer and editor, and her areas of interest include continuous improvement, the skilled workforce, and the role of emerging technology on the plant floor.
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