Zinger Key Points
- Bloom Energy expanded its Equinix partnership to over 100MW, supplying fuel cells to 19 data centers across six states.
- With AI-driven demand rising, Bloom’s scalable fuel cells provide cleaner, on-site power, reducing emissions and grid reliance.
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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 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 to help drive the industry forward,” said Aman Joshi, Chief Commercial Officer at Bloom Energy.
David Rinard, Vice President of Energy Operations at Equinix, 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 data centers.
Price Action: BE shares are trading lower by 1.82% at $26.02 at the last check Thursday.
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