Bloom Box : Great Future Of Energy

Bloom Energy Stock| Bloom Energy| Bloom| Eric Bana

Today more and more companies are investing in green technology to be energy efficient. One of the growing businesses in this area is Bloom Energy, a company based in Sunnyvale, California, provides solid oxide fuel cell technology and products for distributed power and hydrogen generation. Bloom Energy announced its plans to raise 150 million U.S. dollars in the sixth round of capital to establish a market for its product called Bloom Box.



Bloom Energy says it has booked most of these funds with Advanced Equities Investment. Bloom Energy's planned initial public offering or IPO is valued at $ 1,450,000,000. Silicon Valley start-up Bloom Energy has taken up what some call power plant in a box, a small square device the size of a brick is said to run a whole home.You'll generate your own electricity wirelessly with the additional requirements for equipment in the home using the standard box.

Bloom Energy ultimate goal of the field is to get rid of the need for large power plant and transmission line networks. In a world of energy is the holy grail to a power source that is cheap and clean. Blooms Corporate boxes cost around $ 700,000 to $ 800,000, and has a three-to five-year repayment period, the company expects. Bloom Energy says it has booked most of these funds with Advanced Equities Investment. Bloom Energy's planned initial public offering or IPO is valued at $ 1.45 billion.Bloom boxes will strengthen not only our richest companies, but the remote villages in Africa, and all our houses.