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California Resources Corporation and Bloom Energy Form Strategic Partnership to Develop 1GW of Fuel-Cell Capacity.

Nov 03, 2026

Contract Type

partnership

Long BeachEnergyOil And GasRenewable Energy

Description

California Resources Corporation (CRC) has announced a strategic collaboration with Bloom Energy to evaluate developing more than 1 gigawatt of solid-oxide fuel cell power generation combined with carbon capture in California. The partnership aims to supply the grid and support on-site power needs while potentially capturing up to 3 million metric tons of CO₂ annually.

Quick answer

California Resources Corporation and Bloom Energy Form Strategic Partnership to Develop 1GW of Fuel-Cell Capacity. (November 3, 2026). California Resources Corporation is based in Long Beach, California, United States.

What agreement did California Resources Corporation announce on November 3, 2026?
California Resources Corporation (CRC) has announced a strategic collaboration with Bloom Energy to evaluate developing more than 1 gigawatt of solid-oxide fuel cell power generation combined with carbon capture in California. The partnership aims to supply the grid and support on-site power needs while potentially capturing up to 3 million metric tons of CO₂ annually.
What does California Resources Corporation do?
California Resources Corporation (CRC) is an independent energy and carbon management company committed to energy transition.
Where is California Resources Corporation based?
California Resources Corporation is based in Long Beach, California, United States.
Which similar companies announced agreements around the same time?
LEAG (November 3, 2026), Bharat Heavy Electricals (Bhel) (November 4, 2026), Dominion Energy (November 2, 2026) and DenAr Ocean Engineering Services SA (November 5, 2026) also announced agreements within 45 days of California Resources Corporation.

Source: Fundz verified event record.

Other recent agreements in Energy and Oil And Gas

Contracts and agreements at companies in the same sectors within 45 days, from Fundz verified event records.

Company Information

Company

California Resources Corporation

Location

Long Beach, California, United States

About

California Resources Corporation (CRC) is an independent energy and carbon management company committed to energy transition. CRC produces some of the lowest carbon intensity oil in the US and is focused on maximizing the value of its land, mineral and technical resources for decarbonization efforts.

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What this usually means
Strategic partnership established
Partnership agreements typically involve technology integration and joint go-to-market strategies

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