MBL Group's top two throw in the towel after hitting snags in the sale process
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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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Ceres Power's trial shows its technology is reliable and saves money in the home
It's reliable, effectively emission free and saves the typical home owner around 400 quid a year
FTSE 100 closes lower at 7,301 as pound eases against US dollar
FTSE 100 closed 9.35 lower at 7,301 and the FTSE 250 added over 49 points at 19,566
Commercialisation milestones will provide near-term catalyst for fuel cell developer Ceres Power
Analysts at Berenberg said they believe Ceres Power’s core IP “is unique and scalable, using cheap, everyday materials, which could support mass adoption”
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Ceres Power says income will have ‘more than doubled’ as year end nears
"I am delighted with the commercial progress we have made,” said Phil Caldwell, Ceres chief executive.
FTSE 100 ends lower as inflation jump hits consumers
FTSE 100 closed down 11.88, or 0.15%, to 7,499 on Tuesday
Global Invacom shares rocket after it posts a swing to a net profit
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Ceres Power to develop residential power systems in two-year deal
Innovate UK, the government’s tech investment arm, is backing the project with a grant of £700,000
Restaurant Group back on menu on signs of stability
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Fuel cells developer Ceres Power sees first-half revenues more than triple, aims for them to at least double for full-year
For the six months ended 31 December 2016, Ceres saw its revenue and other operating income jump to £1.551mln, up from £0.453mln a year earlier,
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FTSE 100 ended lower despite sterling weakness and Budget boost to builders
FTSE 100 shares ended down on Wednesday with sterling nursing a seven-week low despite a lift for construction stocks following the UK Finance Minister’s Budget pledge of a mini Trump boost to infrastructure
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G4S to benefit from Trump's military spending plans as it reports full year earnings
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Limited wiggle in the Budget for Hammond
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Fuel cells may be the future, but Ceres Power is quietly developing them in the UK now
Ceres’ unique SteelCell – initially developed by researchers at Imperial College - are the most cost effective, robust and energy efficient fuel cells being developed.
Ceres Power powering up as steel fuel cell developer sees more big clients, residential trials
Ceres has built up a significant head of steam over the past year with big manufacturers coming on board and trials of its prototype home power systems in the UK.
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Ceres Power signs partnership deal with global OEM
"This is our fourth partnership signed with a global OEM this year and our first targeting the multi-kW CHP business sector," said CEO Phil Caldwell.