Bloom Energy stock lands 900 MW NTT DATA power deal

NTT DATA announced on Thursday, November 5, 2026, an agreement with Bloom Energy to deploy 900 megawatts of onsite power across multiple data center projects worldwide. The companies said initial shipments are planned to start in 2027, making the agreement Bloom Energy's largest international project to date.

Under the agreement, NTT Global Data Centers will use Bloom's fuel cell technology as primary power for its data center capacity and artificial intelligence infrastructure. The announcement was made from London and San Jose, California, and was published by Bloom Energy.

Onsite Power Targets AI Growth

Bloom said its systems can be deployed in phases alongside data center construction, allowing power capacity to expand as increasingly power-intensive AI workloads are added. The company also described its fuel cells as non-combustion technology that provides onsite electricity with low local air emissions, minimal water use and quiet operation.

Doug Adams, chief executive of NTT Global Data Centers, said the agreement is intended to help bring capacity online alongside construction as grid access cannot always match the pace of AI infrastructure development. Aman Joshi, Bloom's executive vice president and chief commercial officer, said faster access to power can give companies a competitive advantage as AI moves from development facilities toward wider deployment and inference workloads.

The 900 megawatts covers multiple projects rather than one disclosed facility. The companies did not identify individual sites in the announcement. They said the relationship is designed to expand across NTT DATA's global data center portfolio and reach gigawatt scale, but that ambition is separate from the 900 megawatts currently covered by the agreement.

Investors Await Delivery Execution

Bloom Energy stock traded at 164.90 euros on Lang & Schwarz at 14:02 CET on Friday, November 6, 2026. Investors can follow the real-time quote of Bloom Energy stock on the company page.

The agreement strengthens Bloom's position in the market for onsite power at data centers, while the investment case now depends on converting the announced capacity into shipments and operating projects. The release includes forward-looking statements covering deployment volumes, the start of shipments and any future expansion of the relationship.

In the wider market, the S&P 500 remains the relevant benchmark for Bloom Energy's US-listed shares.

Further developments will center on the first 2027 shipments, the identification of project sites and evidence that the planned systems are being installed as data center capacity expands. More news and analyses on Bloom Energy stock are available on the company topic page.