Ceres Power Holdings' (LON:CWR) Phil Caldwell talks to Proactive London about the 'significant milestone' of an agreed expanded collaboration with South Korean group Doosan.
The deal involves the licence to manufacture the UK company's proprietary solid oxide fuel cell stacks - with 'the world's leader in this sector'.
The Doosan deal is worth £43m in addition to future royalties in this 'extremely progressive market'.
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FTSE 100 opened in the red after the latest inflation data came in higher than forecasts. London’s leading index lost 14 points to 6,734 in early trading. UK prices rose 0.7% in the year to January and are expected to jump further as demand increases over the next months. Food and more...
