California Resources and Bloom Energy Sign Fuel-Cell Collaboration MoU
California Resources and its Carbon TerraVault unit signed a non-binding memorandum of understanding with Bloom Energy targeting fuel-cell capacity. Bloom Energy shares rose 4% after hours Monday.
Shares of Bloom Energy (BE) rose 4% after hours on Monday after California Resources Corporation (CRC) announced a strategic collaboration with the fuel-cell maker.California Resources and its carbon management unit, Carbon TerraVault, signed a non-binding memorandum of understanding with Bloom Ene…