Bloom Energy Announces Gigawatt Fuel Cell Procurement Agreement with AEP to Power AI Data Centers
Bloom Energy Corporation Class A (BE)
Last bloom energy corporation class a earnings: 11/7 04:26 pm
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Source: Business Wire
Deployment at scale will help meet data center customers’ sharply increasing AI loadsBloom’s clean and reliable fuel cell solution will be co-located at customer sites to rapidly enable AEP to meet the energy and economic development goals of its customers and stakeholders SAN JOSE, Calif.--(BUSINESS WIRE)--Bloom Energy (NYSE:BE), the world leader in stationary fuel cell power generation, announced that it has signed a supply agreement with American Electric Power (AEP) for up to 1 gigawatt (GW) of its products, the largest commercial procurement of fuel cells in the world to date. As part of this agreement, AEP has placed an order for 100 megawatts (MW) of fuel cells with further expansion orders expected in 2025.The agreement expands Bloom’s previous work with AEP to deploy solid oxide fuel cells (SOFCs) in commercial and industrial settings. Bloom Energy’s fuel cell solutions can be rapidly deployed and offer very high availability – a combination of attributes that are not offe
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News
- Bloom Energy Co. (NYSE: BE) was downgraded by analysts at HSBC Holdings plc from a "buy" rating to a "hold" rating. They now have a $24.50 price target on the stock.MarketBeat
- Bloom Energy Co. (NYSE: BE) was downgraded by analysts at HSBC Holdings plc from a "buy" rating to a "hold" rating. They now have a $24.50 price target on the stock.MarketBeat
- Bloom Energy Corporation (BE): Piper Sandler Upgrades to Overweight, Cites Massive Growth Potential from AEP AI Data Center Deal [Yahoo! Finance]Yahoo! Finance
- Bloom Energy Co. (NYSE: BE) had its price target raised by analysts at BTIG Research from $16.00 to $20.00. They now have a "buy" rating on the stock.MarketBeat
- Why Bloom Energy Stock Rocketed 48% on Friday [Yahoo! Finance]Yahoo! Finance
BE
Earnings
- 11/7/24 - Beat
BE
Sec Filings
- 11/21/24 - Form 4
- 11/20/24 - Form 144
- 11/19/24 - Form 4
- BE's page on the SEC website