Bloom Energy, an alternative sustainable energy supplier to data centers and other mission-critical industries, has been shortlisted in the Planet Friendly Finance category for the annual Tech Capital Awards. This recognition acknowledges Bloom’s innovative Green Notes program, which allows data center providers to invest in clean energy without the need to install or operate the technology themselves.
More on Bloom’s Green Notes Program
The Green Notes program is a type of green bond that offers investors a fixed return while supporting clean energy projects. By using this financing solution, businesses can both decrease their carbon footprint and demonstrate that sustainability projects are financially viable. These bonds are issued to finance the construction and operation of Bloom’s Solid Oxide Fuel Cell (SOFC) technology.
What is SOFC Technology?
Bloom’s SOFC technology generates electricity without combustion, reducing emissions and making it a greener choice for data centers seeking to improve their environmental impact. Combining innovative financing with green energy for data centers is the key to Bloom Energy’s Green Notes success. As more businesses prioritize sustainability, solutions like Bloom’s SOFCs will gain popularity.
More on the Tech Capital Awards
Good Luck to Bloom Energy and the other shortlisted candidates. Celebrate the finalists at The Tech Capital Awards on May 24th in London. To register and learn more, click here.