FuelCell Energy shares rise 1.43% after-hours after signing MOU with Inuverse for 100MW fuel cell-based power deployment.

Fuelcell Energy, Inc. rose 1.43% in after-hours trading, driven by the announcement of a strategic Memorandum of Understanding (MOU) with Inuverse to explore opportunities to deploy up to 100 megawatts (MW) of fuel cell-based power in phased increments starting in 2027 at the AI Daegu Data Center (AI DDC) in Korea. The AI DDC is expected to feature advanced rack cooling, hot zone optimization, and absorption chilling enabled by the thermal energy from FuelCell Energy's platform, which is anticipated to reduce operational costs and improve performance.