Koses Extends Equipment Supply Contract with Bloom Energy
Koses has extended its contract to supply automated electrode cell equipment to Bloom Energy through October 2027.
Stocks · News reference
FuelCell Energy Inc (NASDAQ: FCEL) stock advanced on Monday amid a broad clean energy rebound led by Bloom Energy Corp (NYSE: BE).
Reference Details
Poisar stores the source's headline, summary and market tags for reference. Reporting and full article text remain with the original publisher.
Keep reading
Koses has extended its contract to supply automated electrode cell equipment to Bloom Energy through October 2027.
Global electricity demand is projected to grow 3.8% next year, driven by AI data centers, manufacturing reshoring, and EV adoption. Solar will lead growth with 600 TWh annually through 2027, while nuclear capacity will expand through plant restarts and uprates. Natural gas serves as a bridge fuel with 48 GW needed by 2035 to meet data center demand. Data center energy consumption could reach 945 TWh by 2030 and 1,200 TWh by 2035.
The article ranks four AI power stocks by financial strength following recent market sell-offs. GE Vernova emerges as the strongest with a 0.25x debt-to-equity ratio and massive $176 billion backlog. Vertiv ranks second with solid fundamentals despite higher leverage. Bloom Energy ranks third due to recent profitability progress but heavy dependence on AI spending. Plug Power ranks last with persistent unprofitability and the weakest balance sheet at 1.8x debt-to-equity ratio.
AI power stocks including Oklo, NuScale, Bloom Energy, and Constellation Energy have declined 7-13% over the past week amid investor sentiment shifts, while energy giants Exxon and Chevron hit all-time highs. The author argues that established energy companies with proven business models and strong dividend histories are preferable to speculative AI power plays with uncertain futures.
A class action lawsuit has been filed against FuelCell Energy, Inc. for allegedly making false and misleading statements regarding its manufacturing capacity, production rates under a capital equipment purchase agreement with Fit Energy, and resulting higher costs. Investors who purchased FCEL securities between June 24, 2026 and September 1, 2026 have until November 10, 2026 to apply as lead plaintiff.
FuelCell Energy, Inc. has appointed Peter Hopper to its board of directors to leverage his expertise in digital infrastructure and investment.