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Bloom Energy Partners With CoreWeave to Deploy Fuel Cells for Data Center
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Bloom Energy Partners With CoreWeave to Deploy Fuel Cells for Data Center
Jul 16, 2024 2:34 PM

05:02 PM EDT, 07/16/2024 (MT Newswires) -- Bloom Energy ( BE ) said Tuesday that it will install proprietary fuel cells to generate on-site power for CoreWeave as part of their partnership.

The installation will power a high-performance data center owned by Chirisa Technology Parks, in Volo, Illinois, according to Bloom Energy ( BE ).

Bloom Energy ( BE ) said it expects to commission the fuel cells in Q3 2025.

Financial terms of the partnership were not disclosed.

Shares of Bloom Energy ( BE ) were up more than 9% in after-hours activity.

Price: 16.50, Change: +1.42, Percent Change: +9.41

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