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California Resources Corporation Inks MoU With Bloom Energy To Jointly Explore, Target Development Of 1 GW Solid-Ocide Fuel Cell Power Generation In California

Benzinga·11/02/2026 21:41:52
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California Resources Corporation (NYSE: CRC), and its carbon management business, Carbon TerraVault (CTV), today announced the signing of a memorandum of understanding¹ (MOU) with Bloom Energy (NYSE:BE) (Bloom), to jointly evaluate and target the potential development of 1 gigawatt (GW) or more of solid-oxide fuel cell power generation paired with carbon capture and storage in California.