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Das Williams

The 'tortuous and sordid history' of a state incentive for a powerful energy upstart

The 'tortuous and sordid history' of a state incentive for a powerful energy upstart

Some victories in the final days of the legislative session need momentum. Others need muscle. Bloom Energy had both. 

Lawmakers agreed last month to extend a vital subsidy for the Silicon Valley company, one that makes its pricey power generators more attractive to buyers such as hospitals, data centers and mega-retailers. For Bloom and its industry cohorts, the win marked the end of a hard-fought slog against powerful adversaries including utilities and labor groups. 

But rival companies and some lawmakers had a different perspective: Bloom — which has on its board of directors John Doerr, a prominent venture capitalist and...

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