Bloom Energy’s Bloom Box is generating all kinds of buzz after being featured on 60 Minutes on Sunday (video below). The company will publicly launch the Bloom Box fuel cell technology tomorrow which has wild rumors swirling that the company will have an IPO soon. I completely agree with Nick Hodge over at GreenChipStocks.com that IPO rumors are completely ridiculous.. at least anytime soon. Perhaps if this company had created the Bloom Box during the … Read the rest
Tag Archives: Fuel Cells
Whole Foods (WFMI) To Use Plug Power (PLUG) Fuel Cells In Fork Lifts
Plug Power (PLUG) got another pop in its stock over an hour ago after it was announced that Whole Foods Market (WFMI) will use 61 GenDrive fuel cell powered forklifts at a distribution plan in Landover, Maryland. The company expects that converting to GenDrive fuel cells will increase production efficiency while reducing emissions up to 80%.
Shares have been pulling back after the initial spike and remain down about 4% today. … Read the rest