FuelCell Energy and Inuverse Sign MOU for Data Center Development in Korea, Signaling Growth in Hyperscale and AI Markets

DANBURY, Conn. and SEOUL, South Korea, July 10, 2025 (GLOBE NEWSWIRE) -- FuelCell Energy, Inc. (Nasdaq: FCEL) and Inuverse, a developer of next-generation AI-specialized hyperscale data centers, 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.

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