# Bloom Energy awarded up to $75M in tax credits for Fremont plant

Bloom Energy was awarded up to $75 million in federal tax credits under the Qualifying Advanced Energy Project 48C initiative to expand fuel cell and electrolyzer manufacturing capacity at its Fremont, California plant.

- Type: Investment
- Announced: 2024-04-09
- Where: Fremont, California, United States
- Value: $75.0M
- Status: announced
- Capacity: over 1 gigawatt per year
- Products: fuel cell stacks, electrolyzers
- Sectors: [Power Generation Equipment](https://endata.com/sectors/power-generation-equipment.md)

## Companies

- [Bloom Energy](https://endata.com/companies/37136.md)

## Sources

- [bloomenergy.com](https://www.bloomenergy.com/news/bloom-energy-to-receive-up-to-75-million-in-federal-tax-credits-for-fremont-manufacturing-plant/), 2024-04-09: "The $75 million of funding from the Federal government is a vote of confidence in Bloom's commitment to domestic manufacturing, in our solid oxide technology, and in our mission to facilitate the energy industry's decarbonization."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.