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Bloom Energy, fuel cells
AEP, Bloom Energy 1-GW fuel cell deal to power data centers would set new record
Market analysts disagree about the significance of the deal, however, which represents the largest commercial procurement of fuel cells to date.
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 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
AEP secures fuel cell technology to power data centers
American Electric Power (AEP) is securing up to 1 gigawatt (GW) of Bloom Energy solid oxide fuel cells for data centers and other large energy users who need to quickly power their operations. This is
Bloom Energy Hits 52-Week High After AEP Agreement, Analyst Price Target Boosts
Bloom Energy shares hit a 52-week high Friday following Thursday's news of a large fuel cell deployment and favorable reactions from analysts Friday. The stock was recently up 44% to $19.15, with an intraday high of $22.
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 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.
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 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
14h
Electricity Gridlock Is a Big Problem for AI Companies. One Winner Emerges.
Tech companies are desperate to build new data centers to handle their AI ambitions, but they’re coming up against a severe ...
2h
Bloom Energy (NYSE:BE) Upgraded to “Overweight” at Piper Sandler
Piper Sandler upgraded shares of Bloom Energy (NYSE:BE – Free Report) from a neutral rating to an overweight rating in a ...
Business Insider
21h
Bloom Energy price target raised to $22 from $14 at Wells Fargo
Wells Fargo raised the firm’s price target on
Bloom
Energy
(BE) to $22 from $14 and keeps an Equal Weight rating on the shares. The firm increased estimates and the price target on
Bloom
’s ...
3d
Bloom Energy Rockets Nearly 50%: Clean Energy's New Power Player?
Bloom Energy is stealing the spotlight, with shares rocketing nearly 50% today to a new 52-week high of $20.95. This follows ...
10d
Why Bloom Energy Stock Jumped 20% After Earnings
Heading into the report, analysts forecast Bloom Energy would earn $0.08 per share on sales of $382.2 million. In fact, Bloom ...
16h
Bloom Energy price target raised to $28 from $15 at RBC Capital
RBC Capital raised the firm’s price target on Bloom Energy (BE) to $28 from $15 and keeps an Outperform rating on the shares. The company’s ...
3d
A Closer Look at 8 Analyst Recommendations For Bloom Energy
During the last three months, 8 analysts shared their evaluations of Bloom Energy BE, revealing diverse outlooks from bullish ...
3d
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 ...
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