AEP to Offer Faster Power for Data Centers

While the grid catches up to demand, AEP secures up to 1 GW of fuel cells for data centers, large energy users
The customer-sited fuel cells will be required to meet the interconnection rules of the local operating company and will be designed to not send any energy back to the electric grid.
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 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 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
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
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
AEP Leveraging Fuel Cell Technology to Power Data Center Growth
This customer-focused effort is the largest utility fuel cell initiative in the country. COLUMBUS, Ohio, Nov. 14, 2024 /PRNewswire/ -- American Elec
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 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).
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AEP, Hyperscalers, Data Center Coalition Mull Energy Tariff Plan for Ohio Cloud Cluster
A compromise between what AEP wants and what data center operators proposed would still require utility commission approval.
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AEP begins process to bring small modular reactors to Virginia, eyes site in Campbell County
In a major step toward securing the state's reliable energy future, Appalachian Power has announced plans to bring small ...
AEP mulls more asset sales to fund capex plan boost
American Electric Power beat estimates for third-quarter profit on Wednesday, as higher electricity usage at data centers ...
Morgan Stanley sees strong earnings contribution margin for Bloom from AEP deal
After Bloom Energy (BE) announced yesterday that it has entered into an agreement to supply up to 1 GW of its solid oxide fuel cells to ...