financetom
Technology
financetom
/
Technology
/
Bloom Energy Strengthens 10-Year Equinix Partnership, Deploying Next-Gen Fuel Cells For Data Center Power
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Bloom Energy Strengthens 10-Year Equinix Partnership, Deploying Next-Gen Fuel Cells For Data Center Power
Feb 20, 2025 9:14 AM

Bloom Energy Corporation ( BE ) has strengthened its partnership with Equinix Inc. ( EQIX ) , expanding its power solutions to over 100MW for IBX data centers across the U.S.

With 75MW already in operation and an additional 30MW under development, the collaboration has grown significantly, supporting the increasing energy demands of AI-driven computing and reinforcing critical digital infrastructure.

Bloom's fuel cells enable Equinix ( EQIX ) to generate cleaner on-site power, reducing pollution, eliminating water use, and mitigating grid capacity constraints. Currently, these fuel cells supplement grid power at 19 Equinix IBX data centers across six states, providing a scalable and reliable energy solution.

“With AI adoption accelerating and data center demand exploding, our ongoing relationship underscores the scalability and reliability of our fuel cell technology to support large and complex projects. We are delighted to work with Equinix ( EQIX ) to help drive the industry forward,” said Aman Joshi, Chief Commercial Officer at Bloom Energy ( BE ).

David Rinard, Vice President of Energy Operations at Equinix ( EQIX ), emphasized the increasing role of alternative energy technologies in meeting rising power demands. He highlighted Bloom's fuel cells as a cost-effective solution for generating cleaner, more reliable on-site electricity at Equinix ( EQIX ) data centers.

Price Action: BE shares are trading lower by 1.82% at $26.02 at the last check Thursday.

Image via Shutterstock.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Performance Comparison: Super Micro Computer And Competitors In Technology Hardware, Storage & Peripherals Industry
Performance Comparison: Super Micro Computer And Competitors In Technology Hardware, Storage & Peripherals Industry
May 30, 2024
In today's rapidly changing and fiercely competitive business landscape, it is vital for investors and industry enthusiasts to carefully evaluate companies. In this article, we will perform a comprehensive industry comparison, evaluating Super Micro Computer ( SMCI ) against its key competitors in the Technology Hardware, Storage & Peripherals industry. By analyzing important financial metrics, market position, and growth prospects,...
Market Analysis: Palantir Technologies And Competitors In Software Industry
Market Analysis: Palantir Technologies And Competitors In Software Industry
May 30, 2024
In today's fast-paced and competitive business landscape, it is essential for investors and industry enthusiasts to thoroughly analyze companies before making investment decisions. In this article, we will conduct a comprehensive industry comparison, evaluating Palantir Technologies ( PLTR ) against its key competitors in the Software industry. By examining key financial metrics, market position, and growth prospects, we aim to...
A Closer Look at Intel's Options Market Dynamics
A Closer Look at Intel's Options Market Dynamics
May 30, 2024
Whales with a lot of money to spend have taken a noticeably bearish stance on Intel ( INTC ). Looking at options history for Intel ( INTC ) we detected 14 trades. If we consider the specifics of each trade, it is accurate to state that 35% of the investors opened trades with bullish expectations and 42% with bearish. From...
Industry Comparison: Evaluating GameStop Against Competitors In Specialty Retail Industry
Industry Comparison: Evaluating GameStop Against Competitors In Specialty Retail Industry
May 30, 2024
In the fast-paced and cutthroat world of business, conducting thorough company analysis is essential for investors and industry experts. In this article, we will undertake a comprehensive industry comparison, evaluating GameStop ( GME ) in comparison to its major competitors within the Specialty Retail industry. By analyzing crucial financial metrics, market position, and growth potential, our objective is to provide...
Copyright 2023-2025 - www.financetom.com All Rights Reserved