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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FTSE 100 rallies for weekly gain; US markets higher as inflation eases; Gold stalls
The FTSE 100 ticked up on Friday, placing the index on course for a weekly gain
Ceres Power ups spending on electrolysis as green energy push continues
Ceres Power is now a FTSE 250 member
Ceres Power expects growth but also further delay over China JVs
Bosch and Weichai have reconfirmed their commitment to signing the China JVs this year but the hydrogen company is taking a prudent view