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AEP to Offer Faster Power for Data Centers
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 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 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 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
MotorTrend on MSN
7h
How Will Commercial Trucks Go Electric? They Already Are.
To see how the transition to EVs is going, we went for rides in four fully electric commercial vehicles, from a last-mile ...
Business Insider
1d
American Electric in pact for up to 1 GW of Bloom Energy solid oxide fuel cells
American
Electric
Power
(AEP) announced it is offering large customers a custom solution to support their growing energy needs with fuel
cell
technology. AEP has an agreement in place to secure ...
3d
2 No-Brainer Hydrogen Stocks to Buy With $200 Right Now
But from 2023 to 2026, analysts expect Plug's revenue to grow at a CAGR of 25% as it narrows its net losses. The U.S.
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