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FuelCell Energy and Fit Energy Target 380 Megawatts for Data Centers

FuelCell Energy and Fit Energy are launching a strategic partnership to supply up to 380 megawatts of clean, baseload power to the burgeoning data center market. The collaboration kicks off with an immediate deposit for an initial 30 megawatts, with the first power deliveries expected to commence before the end of this year.

FuelCell Energy and Fit Energy Target 380 Megawatts for Data Centers

The deal hinges on Fit Energy’s "energy as a service" model, which provides digital infrastructure providers with reliable power solutions designed to balance environmental goals with community needs. FuelCell Chief Executive Jason Few noted that Fit Energy stood out among a crowded field of prospective customers for its commitment to these dual-purpose power installations.

To incentivize long-term growth, the agreement includes a warrant structure tied to specific deployment milestones as the companies scale toward their 380-megawatt goal. By linking financial rewards to successful project execution, both parties aim to secure a stable foothold in the high-demand data center sector, where consistent, clean energy is becoming a critical operational requirement.

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