Bloom Energy: AI Data Center Demand, Analyst Rating, and Carbon Capture Partnership Drive Growth

The increasing demand for AI data centers is significantly impacting Bloom Energy's (BE) growth prospects due to the high energy needs of these facilities. According to the 2025 Data Center Power Report, an additional 55 GW of data center IT capacity is expected to come online in the U.S. within the next five years, with approximately 20 GW of capacity already announced. This growth is driven by the explosive growth in AI and cloud computing, which are major drivers of data center demand.

To capitalize on this trend, Bloom Energy is employing several strategies:

1. Onsite Power Solutions: Bloom Energy is focusing on providing onsite power solutions for data centers, which are increasingly turning to onsite power as a primary energy source. By 2030, approximately 30% of all data center sites are expected to use onsite power as a primary energy source, more than double the percentage reported just seven months earlier. This shift reflects the industry's drive for innovative solutions to address economic imperatives and ease pressure on the nation's aging power grid.
2. Fuel Cell Technology: Bloom Energy's proprietary high-temperature fuel cell technology converts natural gas without combustion, yielding a CO₂-rich stream that has 15 times lower mass flow and ten times the CO2 concentration. This makes the capture process more efficient and less costly, enabling the company to offer a cost-effective, onsite baseload power solution for data centers.
3. Carbon Capture and Utilization: In partnership with Chart Industries, Bloom Energy is developing a carbon capture solution that will process its high-purity CO2 exhaust stream into outputs ready for utilization or sequestration. This will provide data centers with a near-zero-carbon power source while supporting long-term decarbonization efforts.
4. Expanding Customer Base: Bloom Energy is expanding its customer base to include both cloud service providers (hyperscalers) and single- and multi-tenant data center developers. This diversification will help the company tap into the growing demand for data center power solutions.

The key factors driving the analyst's positive rating for Bloom Energy are:

1. Growing demand for data centers and AI-driven computing: The report from Bloom Energy highlights the explosive growth in data center demand, with an additional 55 GW of capacity expected to come online in the U.S. within the next five years. This increasing demand for data centers, driven by AI and cloud computing, creates a significant market opportunity for Bloom Energy's power solutions (Bloom Energy, 2025).
2. Adoption of onsite power systems: As data centers face challenges in accessing reliable and affordable grid power, they are increasingly turning to onsite power systems. The report indicates that approximately 30% of all data center sites are expected to use onsite power as a primary energy source by 2030, more than double the percentage reported just seven months earlier (Bloom Energy, 2025). This trend aligns with Bloom Energy's focus on providing reliable, onsite power solutions.
3. Time-to-power and AI workload support: Decision-makers are now prioritizing factors like time-to-power and the ability to support more demanding and fluctuating AI workloads. Bloom Energy's fuel cell technology, which generates electricity without combustion, offers a reliable and scalable power source that can meet these requirements (Bloom Energy, 2025).
4. Carbon capture and utilization: Bloom Energy's partnership with Chart Industries for carbon capture, utilization, and storage (CCUS) demonstrates the company's commitment to reducing its environmental impact and providing a path to decarbonization for its customers. This aligns with Bloom Energy's long-term goal of empowering businesses and communities to responsibly take charge of their energy needs (Bloom Energy, 2025).
5. Strong partnerships and market presence: Bloom Energy's longstanding relationship with Equinix, a global leader in digital infrastructure, highlights the company's market position and ability to deliver reliable, scalable power solutions. This partnership has scaled from a 1MW pilot program in 2015 to over 100MW of electricity capacity across the U.S. (Bloom Energy, 2025).



In conclusion, Bloom Energy's carbon capture partnership with Chart Industries contributes to its sustainability initiatives by offering a scalable, cost-effective, and efficient solution for generating near-zero carbon power. This collaboration can provide significant benefits to both companies and their respective industries, including enhanced market leadership, new revenue streams, and a positive impact on the planet. As AI data center demand continues to grow, Bloom Energy is well-positioned to capitalize on this trend and drive its business forward.