Shares of Bloom Energy Corp Cl A (BE) are trading 18% higher at a price of $20.21 at the time of this writing. There are a few reasons:

1. Bloom Energy is a growth story in a key industry and region.
2. Democrats have reached an agreement on climate change legislation, which includes $369 billion that’s designated toward climate change and green energy uses.
3. Sen. Joe Manchin, an often holdout on Democrat-introduced legislation, agreeing to support the Inflation Reduction Act of 2022 opens the company up to additional funding while moving the U.S. toward green energy .
4. The new facility expands Bloom Energy's Silicon Valley footprint and will help add up to 400 new jobs to the region .
5. Bloom Energy cuts ribbon on multi-gigawatt factory in California

Bloom Energy Corp Cl A has been trading between a 52-week high of $37.01 and a 52-week low of $11.47. The stock has a market cap of $3.28 Billion.

Bloom Energy's mission is to make clean, reliable energy affordable for everyone in the world. The company's product, the Bloom Energy Server, delivers highly reliable and resilient, always-on electric power that is clean, cost-effective, and ideal for microgrid applications. Bloom's customers include many Fortune 100 companies and leaders in manufacturing, data centers, healthcare, retail, higher education, utilities, and other industries.

Bloom Energy Stock Surge Following Positive ITC News (NYSE:BE)
Seeking Alpha 07-28-22

Why Are Hydrogen Stocks PLUG, FCEL, BE Heating Up Today?
InvestorPlace 07-28-22

Why FuelCell, Bloom Energy And Ballad Power Systems Shares Are Surging Today
Benzinga 07-28-22

Bloom Energy opens clean energy manufacturing plant at Fremont''s Pacific Commons South
Business Journals 07-21-22

Bloom Energy cuts ribbon on multi-gigawatt factory in California
Renewables Now 07-21-22