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BLOOM AND BUST

KR SRIDHAR’S BLOOM ENERGY PROMISED TO TURN

NATURAL GAS INTO CLEAN ELECTRICITY “CHEAPER THAN THE GRID.”

BUT AFTER BLOWING BILLIONS, ITS FUEL CELLS HAVE TURNED OUT

TO BE OUTRAGEOUSLY COSTLY—AND NOT SO GREEN AFTER ALL.

BY CHRISTOPHER HELMAN PHOTOGRAPH BY TIM PANNELL FOR FORBES

THE FORBES INVESTIGATION

FORBES.COM