As hyperscalers build out artificial intelligence (AI) data centers at a staggering pace, they face a massive bottleneck: a lack of reliable energy.
One of the biggest beneficiaries over the past year is Bloom Energy (NYSE: BE), the fuel cell manufacturer, whose stock has surged more than 1,000% since the start of 2025
The company is seeing incredibly robust demand from data center operators, illustrating a massive opportunity for companies that can quickly address the growing energy needs. Another company that’s made headlines with a data center deal of its own is FuelCell Energy (NASDAQ: FCEL). The company could be the next big winner as demand for power surges, but investors should know a few things before buying the stock.
FuelCell’s recent data center deal is an important first step Solid oxide fuel cells have emerged as a popular option to quickly meet energy needs. These fuel cells provide continuous baseload energy using natural gas and, down the road, other lower-carbon fuels like hydrogen and biogas. In addition, fuel cells can support microgrids and boost energy resilience by dynamically adjusting their output to complement intermittent renewables such as wind and solar.