Bloom Energy has made a significant advancement in energy generation by introducing a hydrogen Solid Oxide Fuel Cell (SOFC) technology with exceptional efficiency levels. Operating at a remarkable 60% electrical efficiency and achieving 90% Combined Heat and Power (CHP) efficiency using 100% hydrogen, the Bloom Energy Server™ power solution represents a breakthrough in clean power generation. This development, realized at Bloom Energy's research and development facility in Fremont, California, underlines the company's leadership position in the hydrogen industry. Ravi Prasher, the chief technology officer for Bloom Energy, emphasized the importance of this achievement in promoting the adoption of carbon-free hydrogen fuel cells for continuous clean power production alongside renewable energy sources. By offering a cost-effective solution for electricity generation in energy-intensive sectors like data centers and advanced manufacturing, Bloom Energy's SOFC technology addresses the growing demand for low carbon emissions and grid relief. The high electrical efficiency of the SOFC technology not only enables the widespread use of hydrogen as a fuel source but also positions Bloom Energy uniquely in the energy transition. By virtue of its direct electrochemical conversion process, the SOFC technology ensures superior electric efficiency and minimal environmental impact compared to traditional combustion technologies. Moreover, Bloom Energy's SOFC technology is Combined Heat and Power (CHP) enabled, allowing customers to leverage high temperature heat in addition to electricity. This feature distinguishes it from other fuel cell technologies by providing a combined 90% efficiency, thereby creating additional value for customers and propelling the adoption of hydrogen in various sectors. The comparative advantages of Bloom's offering, as showcased in the table, highlight its superior performance over traditional systems and alternative fuel cell technologies utilizing hydrogen.