Bloom Energy scores 'big win' in fuel cell supply deal for AEP data centers
Bloom Energy (NYSE:BE) +46.6% in early trading Friday after it signed a supply agreement with American Electric Power (AEP) for up to 1 GW of its solid oxide fuel cells, which it said is the largest-ever commercial procurement of fuel cells in the world.
Bloom Energy Shares Surge on AEP Deal for Data Center Fuel Cells
Bloom Energy Corp. shares soared the most ever in intraday trading Friday after American Electric Power Co. said it would use the company’s fuel cells to supply data centers. Most Read from BloombergUnder Trump,
Bloom Energy surges 70% on deal to power AI data centers
Shares of Bloom Energy (NYSE:BE) skyrocketed 70% on Friday after the company announced a deal with American Electric Power (NASDAQ:AEP) to supply up to 1 gigawatt (GW) of fuel cells, marking the largest commercial procurement
AEP to Offer Faster Power for Data Centers With Bloom Fuel Cells
American Electric Power Co. will use Bloom Energy Corp. fuel cells to supply data centers, providing a quick solution to add power as the utility industry struggles to meet rising electricity demand.
American Electric Power, Bloom Energy in Agreement for Up to 1 GW of Fuel Cells
American Electric Power said it has an agreement in place to secure up to 1 gigawatt of Bloom Energy solid oxide fuel cells for data centers and other large energy users.
Bloom Energy secures 1GW fuel cell supply deal with AEP
Bloom Energy has signed a supply agreement with American Electric Power (AEP) for up to 1GW of its solid oxide fuel cells (SOFCs). AEP has placed an initial order for 100MW of cells, with an expansion order expected in 2025. AEP will colocate the SOFCs at AI data center sites to help support the installation's immediate power needs.
Bloom Energy Announces Gigawatt Fuel Cell Procurement Agreement with AEP to Power AI Data Centers
Bloom Energy (NYSE:BE), the world leader in stationary fuel cell power generation, announced that it has signed a supply agreement with American Elect
American Electric deal a ‘big win’ for Bloom Energy, says Evercore ISI
Evercore ISI reiterated an Outperform rating and $22 price target on Bloom Energy (BE) after American Electric Power (AEP) said it has an
Why Bloom Energy Stock Rocketed 48% on Friday
Bloom Energy (NYSE: BE) investors are having a terrific Friday, as shares of the renewable energy company surged 47.8% ...
Bloom Energy stock soars on American Electric Power deal
Bloom Energy (BE) stock rallied Friday afternoon after the company announced a new deal with American Electric Power (AEP).
Bloom stock poised for massive gains after AEP deal, analyst says
Bloom Energy announces a sizable deal with American Electric Power Company. Piper Sandler analyst upgraded BE shares to ...
Bloom Energy price target raised to $20 from $16 at BTIG
BTIG raised the firm’s price target on Bloom Energy (BE) to $20 from $16 and keeps a Buy rating on the shares. The firm cites the ...