Core Insights - SOFC (Solid Oxide Fuel Cell) is highlighted for its high power generation efficiency, significant decarbonization potential, and rapid deployment capabilities, making it highly suitable for data center energy needs [1] - The market size for SOFC in the data center sector is projected to reach $7 billion over the next three years, driven by the accelerated construction of overseas data centers [1] Industry Overview - Data centers maintain high electricity loads year-round and have stringent energy efficiency requirements, with a rapidly expanding demand for computing power necessitating quickly deployable power sources [1] - SOFC matches these requirements effectively, converting fuels like natural gas and hydrogen into electricity with an efficiency of over 60%, and nearly 90% in combined heat and power scenarios [1] Market Trends - Since 2024, there has been a gradual increase in the adoption of SOFC as a power source in overseas data centers, spurred by the rapid growth in data center construction [1] - Market expectations indicate a potential explosive growth in SOFC demand, leading to a rapid release of performance from related companies [1] Company Highlights - SanHuan Group has been involved in the research and production of SOFC membranes and single cells since 2004 and has established a long-term partnership with Bloom Energy, becoming a major supplier of fuel cell membranes [1] - Weichai Power has successfully commercialized SOFC products, with multiple demonstration projects completed, including the delivery of a 25kW SOFC power generation system to Shaanxi Gas Group, marking the first SOFC combined heat and power demonstration project in the western region [1]