Bloom Energy shares closed at $237.16, up 12.29% and their highest since July 15, after Nebius Group said it would use Bloom's solid-oxide fuel cells to power its flagship 300-megawatt data center in Vineland, New Jersey. Nebius told investors on its second-quarter earnings call that abandoning a planned on-site natural gas generation system should strengthen the project, allow fast deployment and leave the construction schedule largely intact while addressing resident concerns over emissions, noise, water use and air quality. The Vineland campus, Nebius's first large-scale U.S. data center and a project being developed with DataOne, had drawn opposition at an August 5 public hearing as the company sought a way around long waits for grid interconnection. The decision reinforced demand for on-site power solutions tied to AI infrastructure, lifting Plug Power and FuelCell Energy and drawing bullish commentary from Evercore ISI, which said Bloom's quiet operation, limited air-permit requirements and emissions profile fit the urgent power needs of large data centers. Bloom recently topped $1 billion in quarterly revenue for the first time and raised its 2026 revenue outlook, while Nebius lifted its contracted power target to 5 gigawatts by the end of 2026 and said it expects more than $9 billion in customer prepayments this year to help fund $20 billion to $25 billion of capital spending.