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.
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,
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 (BE) Shakes Up the Market: What’s Fueling the Explosive Surge?
But what’s driving this spike in Bloom Energy’s stock price? Let’s dive into the details, explore the company’s impressive YTD performance, and take a closer look at the significance of their latest agreement with American Electric Power (AEP).
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 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
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 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 ...
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 ...
Bloom Energy's stock tops NYSE gainers, heads for a record gain on record volume
Bloom Energy's stock was the NYSE's biggest gainer, as it was skyrocketing 58.7% in recent trading toward a 20-month high. The stock was on track to break its record for one-day gains by a wide margin ...
Bloom Energy price target raised to $19.50 from $12 at BMO Capital
BMO Capital raised the firm’s price target on Bloom Energy (BE) to $19.50 from $12 and keeps a Market Perform rating on the shares. The ...
Bloom Energy Corporation (BE): Wells Fargo Maintains ‘Hold’ Amid Q3 Miss and Uncertainty in AI Data Center Market Opportunities
We recently compiled a list of the 10 AI Headlines Making Waves Today. In this article, we are going to take a look at where ...
Seeking Alpha3d
Bloom Energy: Poor Results And Overly Aggressive Full-Year Projections, Sell
With management having made similarly unrealistic projections in the past already, I would expect Bloom Energy ... will ...