Investments and investor services
FTSE 100 closes in the red amid weak volumes and US holiday
The UK's premier index of leading shares closed at 7,573 - down around 20 points. FTSE 250 closed down around 12
Company
Ceres Power Holdings PLC
LON:CWR
Ceres Power Holdings PLC is a world-leading developer of electrochemical technologies: fuel cells for power generation, electrolysis for the creation of green hydrogen and energy storage. The company's asset-light, licensing model has seen it establish partnerships with some of the world's largest engineering and technology companies, such Bosch, Doosan, Shell and Weichai, to develop systems and products that address climate change for power generation, transportation, industry, data centres and everyday living.
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Hardware & electrical equipment
Ceres Power says China has okayed Weichai Power's investment the company
The low-emission public transport market in China represents a major commercial opportunity for Ceres's technology
FTSE 100 crashes 2.26% as traders shun risk
FTSE 100 tanked on the day, along with other European indices
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Ceres Power announces partnership with China’s Weichai Power and £17mln potential equity investment
The AIM-listed firm said this agreement provides Ceres Power with access to the Chinese market, the world’s fastest-growing market for fuel cells
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FTSE 100 closes higher as Wall Street struggles for direction
The UK blue-chip benchmark closed around 11 points higher at 7,334..
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Ceres Power expects strong revenue growth trend to continue
A new higher power 5kW stack platform development is underway to address new high volume markets such as the data centre and automotive applications
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FTSE 100 closes higher as traders await US interest rate decision
The Footsie has been in consolidation mode for most of the day
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UK inflation data could provide signpost to upcoming Bank of England rate hikes
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Markets await interest rate decisions from Bank of England and Federal Reserve
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Tandem says cost control measures have returned bicycle operations to profitability
"We are cautious about the outlook for the year ahead, but we remain confident that we have the resources and personnel to deliver profitability to our shareholders," Tandem said.
Ceres Power makes a splash at the Fuel Cell Expo
"With more than a doubling in power density - the amount of power generated per unit volume - the 5kW configuration of the SteelCell has compelling economies of scale compared with Ceres Power's 1kW platform"