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California Resources Corporation Announces Strategic Collaboration with Bloom Energy to Advance Decarbonized Power Across California

$BEPress releaseNov 2, 2026, 4:30 PM ETRead the release

Bloom Energy signed a non-binding MOU with California Resources Corporation and its Carbon TerraVault unit to jointly evaluate 1 GW or more of solid-oxide fuel cell power generation paired with carbon capture and storage in California. The partnership targets both front-of-the-meter and behind-the-meter projects for utilities, data centers, and industrial users, with up to 3 million metric tons per annum of CO2 potentially available for capture and permanent storage.

Key figures

Target pipeline gw
1 GW or more
Potential co2 capture
up to 3 million metric tons per annum

AI analysis

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