FuelCell Energy's stock surged 14% after announcing a strategic agreement with Fit Energy USA for up to 380 MW of clean, on-site power for data centers, validating its focus on AI infrastructure. The deal includes an initial 30 MW delivery this year and milestone-based warrants for further deployment. This move sets FuelCell Energy apart from peers Plug Power and Bloom Energy, whose stocks showed minimal change. Investors will watch FuelCell Energy's execution on the initial delivery and warrant milestones as key next steps.

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FuelCell Energy and Fit Energy agree on up to 380 MW clean power for data centers, starting with 30 MW this year.

FuelCell Energy and Fit Energy have entered a strategic agreement to provide up to 380 MW of clean, baseload power for data centers using FuelCell Energy's fuel cell technology. The initial delivery of 30 MW is expected to begin later this year. This...

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