FuelCell Energy Partners with Fit Energy for AI Data Center Power
FuelCell Energy (FCEL) shares surged up to 16% after announcing a strategic partnership with Fit Energy USA LP to supply up to 380 megawatts of clean, on-site fuel cell power for AI-driven data centers. An initial 30 MW deployment is expected later this year, backed by an immediate deposit. The deal validates FuelCell Energy’s scaling to 500 MW and addresses surging electricity demand from AI computing, significantly outpacing rival stocks Plug Power and Bloom Energy.
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Fuel-Cell Stocks Plunge as Massive 2026 Gains Unwind
Fuel-cell stocks experienced a sharp sell-off on July 10, 2026, with FuelCell Energy (FCEL) dropping 11%, Bloom Energy (BE) sliding 8%, and Plug Power (PLUG) falling 6%. The decline unwinds significant year-to-date gains of 181%, 174%, and 14% respectively, driven by the AI data center power thesis. FCEL's drop was exacerbated by its Q2 FY2026 results showing a 5% revenue decline to $35.59 million and a $42.57 million impairment, compounded by its stock falling below a dilutive $21 offering price. Bloom Energy faced renewed pressure from a Hunterbrook short report alleging China dependence for scandium, which the company denied. Plug Power moved in sympathy with the sector. The Global X Hydrogen ETF (HYDR) was heavily impacted, with these three stocks representing 29% of its net assets. All three companies remain unprofitable.
Yahoo FinanceFuelCell Energy Stock Tumbles 10.5% on $225 Million Stock Offering
FuelCell Energy (NASDAQ: FCEL) shares fell 10.5% on Wednesday after the company announced a $225 million stock offering, diluting existing shareholders. The company plans to sell 10.7 million shares at $21.00 each, below Tuesday's close of $26.00. Despite the dilution, the stock held above $23.00, indicating some investor optimism. The article notes that product revenue improved 38% year-over-year in the April quarter, and analysts project 46% top-line growth next year, driven by expansion into AI data centers. The broader fuel cell industry is expected to grow 25% annually through 2035. Fellow fuel cell stocks Bloom Energy and Plug Power also declined, suggesting sector-wide profit-taking after recent rallies. The author advises investors to consider buying on weakness given long-term growth prospects.
Yahoo FinanceFuel Cell Stocks Tumble on Profit-Taking Despite Positive Catalysts
FuelCell Energy (FCEL) dropped 10%, Bloom Energy (BE) slid 8%, and Plug Power (PLUG) fell 5% in midday trading on July 7, 2026, despite fresh positive news for each company. The declines are attributed to profit-taking after massive year-to-date runs, with FCEL and BE up triple digits and BE up over 1,000% in the past year. Positive catalysts include Bloom Energy expanding its AI infrastructure partnership with Brookfield from $5 billion to $25 billion, Plug Power winning a 50-megawatt electrolyzer order for Australia's largest renewable-hydrogen project, and FuelCell Energy's recent Russell index inclusion and EXIM financing deal. The broader market was also weak, with the NASDAQ 100 down 1.3%, contributing to the selloff in high-momentum clean energy stocks. All three companies remain unprofitable, making them prone to violent swings.
Yahoo FinanceFuelCell Energy Soars 23% on Russell Index Inclusion, Bloom Energy Climbs 7%, Plug Power Gains 5%
FuelCell Energy (FCEL) stock surged 23% to $36.64 in early trading on Tuesday following its inclusion in the Russell 2000 and Russell 3000 indices, adding to a powerful June rally. The index inclusion stacked onto a landmark 380 MW Fit Energy AI data center deal and three analyst upgrades from B. Riley, Jefferies, and UBS. Bloom Energy (BE) stock climbed 7% to $293.61 in sympathy, rebounding from last week's selloff, while Plug Power (PLUG) gained 5% to $2.72 as a sector laggard. FuelCell Energy is up 346% year to date, and Bloom Energy is up 233%. Bloom Energy reported Q1 FY2026 revenue of $751 million, up 130% year over year, and raised full-year guidance to $3.4-$3.8 billion. Retail message volume around FuelCell Energy surged over 1,000% in 24 hours, though analysts caution that index-driven flows typically fade quickly after reconstitution.
Yahoo FinanceFuelCell Energy Soars 23% on Russell Index Inclusion, Bloom Energy Climbs 7%, Plug Power Gains 5%
FuelCell Energy (FCEL) stock surged 23% to $36.64 after being added to the Russell 2000 and 3000 indices, adding to a catalyst list that includes a landmark 380 MW supply deal for AI data centers with Fit Energy and three analyst upgrades. Bloom Energy (BE) rose 7% to $293.61 following a profit-taking selloff last week, buoyed by strong Q1 FY2026 results with revenue of $751 million (up 130% YoY) and raised full-year guidance of $3.4-$3.8 billion. Plug Power (PLUG) gained 5% to $2.72 in sympathy but remains the sector laggard. The article notes that index-driven flows typically fade after reconstitution and that FCEL's retail message volume surged over 1,000% in 24 hours, warning investors that community sentiment is not a fundamental driver.
Yahoo FinanceFuelCell Energy Surges 24% on Data Center Deal, Bloom Energy Falls 14% in Sector Divergence
FuelCell Energy (FCEL) shares surged 24% to $24.45 after announcing a 380 MW data center power agreement with Fit Energy, including an immediate deposit for an initial 30 MW and warrants tied to future milestones. The deal validates FCEL's pivot to AI infrastructure, with a 4 GW commercial pipeline (90% data center) and a planned $200-275 million factory expansion. In contrast, Bloom Energy (BE) fell 13% to $268.65, extending a two-session unwind after a parabolic 1,331% annual run. The decline reflects profit-taking and competitive rotation as capital chased FCEL's deal. BE maintains strong fundamentals with Q1 2026 revenue of $751 million (up 130% YoY) and a $6 billion product backlog, but its 156x forward earnings ratio leaves it vulnerable to pullbacks.
Yahoo FinanceFuelCell Energy Stock Jumps on Data Center Supply Agreement
FuelCell Energy (NASDAQ: FCEL) shares rose sharply on June 24, 2026, after the company announced a supply agreement with Fit Energy, a developer of power solutions for advanced computing and AI data centers. Under the deal, FuelCell Energy will provide up to 380 megawatts of on-site power using its fuel cell technology, with an immediate deposit for an initial 30 MW and deliveries expected to begin later this year. The stock was up 6.4% as of mid-morning, retreating from an earlier 15.5% gain. The news follows the company's second-quarter 2026 report showing a sales pipeline of four gigawatts, a 267% quarter-over-quarter increase. Despite the positive announcement, the article from The Motley Fool notes that FuelCell Energy remains a speculative investment as it continues to fail generating profits or positive operating cash flow, and advises only investors with high risk tolerance to consider the stock.
Yahoo FinanceFuelCell Energy Stock Surges on Data Center Supply Agreement
FuelCell Energy (NASDAQ: FCEL) stock rose sharply on June 24, 2026, following the announcement of a supply agreement with Fit Energy, a developer of data center infrastructure. The deal covers up to 380 megawatts of on-site fuel cell power for data centers, with an initial 30 MW deposit and deliveries expected to begin later this year. Shares were up 6.4% by mid-morning, after earlier rising 15.5%, recovering from a 10.5% decline the previous day. The company recently reported a second-quarter 2026 sales pipeline of four gigawatts, a 267% quarter-over-quarter increase, though its backlog fell 9.9% year-over-year to $1.14 billion. The article notes that while the news is positive, FuelCell Energy remains a speculative investment due to consistent lack of profitability and positive operating cash flow, recommending it only for high-risk-tolerant investors.
Yahoo FinanceFuelCell Energy Surges 14% on Major Data Center Power Deal, Outpacing Plug Power and Bloom Energy
FuelCell Energy (FCEL) stock rose 14% to $24.91 on June 24, 2026, after announcing a strategic agreement with Fit Energy USA LP to provide up to 380 megawatts (MW) of clean baseload on-site power for data centers. The deal includes an initial 30 MW deployment this year, with milestone-based warrants for the full framework. This surge sharply contrasts with peers: Plug Power stock remained flat at $2.72, and Bloom Energy gained only 1% to $325.31, both lacking company-specific catalysts. The agreement validates FuelCell Energy's pivot to the AI data center market, with CEO Jason Few noting it supports scaling operations to 500 MW. Fit Energy, a developer of power solutions for AI infrastructure, emphasizes the deal as critical for next-generation AI power needs. The article also includes promotional content for an AI stock pick list.
Yahoo FinanceFuelCell Energy Surges 14% on Data Center Power Deal, Outpacing Plug Power and Bloom Energy
FuelCell Energy (FCEL) stock surged 14% to $24.91 on Wednesday after announcing a strategic agreement with Fit Energy USA LP to provide up to 380 megawatts of clean, baseload on-site power for data centers. The deal includes an immediate 30 MW deployment starting this year, with milestone-based warrants for the full 380 MW framework. This company-specific catalyst sharply outperformed peers Plug Power (PLUG), which remained flat at $2.72, and Bloom Energy (BE), which gained only 1% to $325.31. The agreement validates FuelCell Energy's pivot to the AI data center market, with CEO Jason Few noting it supports scaling operations to 500 MW. Fit Energy CEO Joel Leonoff called it a critical step for AI infrastructure power needs. The article also includes a promotional segment for an analyst's top 10 AI stock picks.
Yahoo FinanceFuelCell Energy Surges on Major Data Center Power Agreement with Fit Energy
FuelCell Energy (FCEL) shares jumped 16% after announcing a strategic partnership with Fit Energy USA LP to supply up to 380 megawatts of clean power for data centers using its fuel cell technology. The agreement includes an immediate deposit for an initial 30-megawatt deployment expected later this year, with a framework for potential expansion. Fit Energy will receive warrants linked to future deployment milestones, aligning incentives with project execution. The deal targets the growing electricity demands of AI-driven computing and advanced infrastructure. FuelCell Energy President and CEO Jason Few emphasized that the agreement validates the company's decision to scale operations to 500 MW. Fit Energy CEO Joel Leonoff highlighted the partnership as critical for building power infrastructure for next-generation AI. Canaccord Genuity advised FuelCell Energy on aspects of the transaction. Investors responded positively, driven by exposure to the expanding AI infrastructure market.
Yahoo FinanceFuelCell Energy Jumps on Major Data Centre Power Agreement With Fit Energy
FuelCell Energy (FCEL) shares surged 16% on Wednesday after announcing a strategic partnership with Fit Energy USA LP to supply up to 380 megawatts of clean power for AI and data centre infrastructure. An initial 30-megawatt deployment is expected later this year, backed by an immediate deposit from Fit Energy. The agreement includes a warrant structure linked to future deployment milestones to align long-term value creation. FuelCell Energy CEO Jason Few said the deal validates the company's decision to scale operations to 500 MW. Fit Energy CEO Joel Leonoff called the partnership a critical step in building the power foundation for next-generation AI infrastructure. Canaccord Genuity acted as financial adviser. The announcement reflects growing demand for reliable, behind-the-meter clean energy solutions driven by surging AI computing electricity needs.
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