Bloom Energy Corporation (BE) Secures Landmark 1 GW Fuel Cell Supply Agreement with American Electric Power to Power AI Data Centers
We recently compiled a list of the 10 AI News Making Waves Today. In this article, we are going to take a look at where Bloom Energy Corporation (NYSE:BE) stands against the other AI stocks that are making waves today.
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.
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.
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 signs fuel cell agreement with AEP for AI data centers
Bloom Energy (BE) has signed a supply agreement with American Electric Power (AEP) for up to 1 GW of its products, the largest commercial
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NERC: Despite Improvements, North America is Still Vulnerable to Electricity Shortfalls
The corporation found that especially during extreme weather conditions, the power grid is vulnerable in part due to natural ...
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 ...