Bloom Energy to receive $75 million in tax credits for Fremont manufacturing plant

URLhttps://www.reuters.com/sustainability/sustainable
SourceReuters
Date Published04/08/2024

Additional Reshoring Information:

Company/Division name Bloom Energy
Type of work Manufacturing
Reshoring category:Reshoring
Year reshoring announced:2024
Domestically, the work will be done:In-house
Capital investment ($):75
City reshored to:Fremont
State(s) reshored to:CA
If relevant, work nearshored to:-
Industry(ies):Electrical Equipment, Appliances & Components
Product(s) reshoredfuel cells
What domestic positive factors made reshoring more attractive?Government Incentives, Govt. Policy and subsidies
Government Incentive dollar amount:$75 million in federal tax credits
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