Big News! The Casa Grande commission in Arizona has approved of the plan for the massive data center that will use Bloom fuel cells [link]. Of course this is facing opposition and will probably be subject to hearings similar to New Jersey, New Mexico, etc. The specs call for 1.2GW of Bloom fuel cells (total of 3693) see page 3 of the draft permit [link].
Here's an article about a DataOne data center project.
"DataOne also said it plans to purchase 350 megawatts of electricity from the power grid from the Indiana Municipal Power Agency and generate the rest of the power needed for the data center through fuel cell technology. The company added that it plans to fund two new substations to support any additional strain on the grid."
This appears to be an amended proposal to only use 115 acres versus the original of 715 acres which was rejected earlier this year [link]. 175 megawatts is planned for the fuel cell portion according to some social media posts [link]. Nebius appear to be involved as well and this has many similarities to the Vineland, New Jersey project in that an original proposal was rejected and an updated design involving Bloom was drafted.
It's great that Bloom has been more active on X lately. Anyone else notice the same? Today there was a post from them
I believe they're referring to Virginia's energy plan published yesterday. In this document there's mention of fuel-cells under the non-combustion gas resources. Under two of the possible scenarios (page 112) they mention using non-combustion gas solutions of up to 5GW by 2035.
This would be massive for Bloom if they could even participate in 20% of that for another GW! Page 118 goes on to clarify that fuel-cells fall under this non-combustion gas category.
Edit: Looks like RBC was all over this today as well and hence them re-affirming $335 price target.
An excellent must-read (and watch) article released today by outspokengeek - there's a lot here to unpack and it provides some insights into the scaling/scandium questions that have been raised in this subreddit.
Another article mentioning Bloom capacity for 5GW at end of 2027. The Amosense order was mentioned a few weeks ago, but this article also mentions Seojin System signing a very large 78.5B won contract (~$550M USD).
From MTAR's earning call [transcript] how does KR/Bloom continue to trick people? According to Hunterbroke there's no way Bloom could procure enough Scandium for 5GW of production right? Right?
So while I was hoping the COO would be on Bloom's earnings call to provide more detail about Scandium specifics, you can see that even MTAR is very tight-lipped about the NDAs signed.
Thought this was worth a listen. I even timestamped it for you all.
The August 21, 2026 450 Call volume is off the charts. Either that or this is one bad fat finger trade. The last time I recall seeing similar deep OOM call options bid up was right before the Oracle partnership deal last year.
Also see this link: https://x.com/stop_loss_stop/status/2076568834476237221
This was a good substack read. Author seems to imply that resource is abundant outside of China - supply is a price problem, not a geology problem. The price of scandium needs to rise to incentivize the processing which author thinks Bloom could pass on.
More proof of the value of BTM time to power
Looks like this Reddit group is mentioned as well. If you have been through holding stocks with multiple short reports you'll know that sometimes it's sell first ask questions later. I don't know the right course of action except to say try to size your position correctly so that you can sleep at night regardless of whatever outcome happens.
Developer Atticus Power Opco 1 recently filed some permits to build a 310MW data center that includes 248MW base load from Bloom. It seems like a mix of fuel cells, gas turbines and batteries (Bergen/Mesa/Bess) for the whole load.
See the technical review [link]
And the final approval [link]
The permits were submitted and approved within two weeks. Now we await possible NIMBY protests. Career politicians AOC/Sanders not helping things either with their data center moratorium proposal [link].
I am surprised I did not hear any news about this Matrix 3-Gigawatt data center in Sulphur Springs, Texas until today. I typically search for air permits from this website, but can't seem to find any mention of air permits for Matrix or Sulphur Springs.
It could be because this data center appears to be suffering from delays. Apparently the former owners of the site - Vistra Corp and Luminant Mining Company are blocking the development of the site saying there are covenants that bans commercial power generation on the site [link]. It doesn't appear there will be any resolution until at least September of this year [link].
In any case, it appears that the initial phase of 800MW was supposed to be powered by Bloom. From the first link:
The first 100MW building, built entirely on a Bloom Energy fuel cell-powered microgrid, is scheduled for delivery in March 2026, with a new 100MW facility to follow every month thereafter.
It's something to keep an eye on given the scale of the project, but this project may face an uphill battle to continue. If anyone has more details please chime in.
