Fuelcell Energy, Inc. and Inuverse Sign Mou for Data Center Development in Korea, Signaling Growth in Hyperscale and Ai Markets

Published: 2025-07-10 08:35:26 ET FCEL

Published on 07/10/2025 at 08:35

FuelCell Energy, Inc. and Inuverse have announced a strategic Memorandum of Understanding (MOU) 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), which Inuverse is in the process of developing, aspiring for it to become Korea's largest data center. Once developed, AI DDC is expected to feature advanced rack cooling, hot zone optimization, absorption chilling enabled by the thermal energy from FuelCell Energy's platform, and a clean waste model that reduces operational costs and improves performance. FuelCell Energy has demonstrated its ability to utilize the thermal energy from the company's fuel cells to drive absorption chilling at other locations and anticipate it will serve data center requirements for space cooling.

FuelCell Energy builds and delivers firm, clean, energy through high-efficiency fuel cell platforms, which can help data centers meet today's energy and climate goals without disruption, downtime in a microgrid configuration, or changing how data centers operate. The company believe its clean baseload energy technology would allow the project to redefine what is possible for sustainable digital transformation. FuelCell Energy's systems are designed for rapid deployment--capable of delivering modular, phased, onsite power in months rather than years--which can be scaled as project demand grows.

This flexibility is critical in supporting the significant energy needs of AI and cloud computing. FuelCell Energy already operates the single-site fuel cell park in Korea, totaling 58MW, which demonstrates the commercial readiness and reliability of its technology. The collaboration with Inuverse is expected to expand the company's footprint in Asia and showcase the company's ability to enable the decarbonization and near elimination of particulate emissions in the digital economy through distributed clean energy.