Phil Caldwell, Chief Executive of Ceres Power Holdings PLC (AIM:CWR, OTC:CPWHF, FRA:CFJA) (LON:CWR) joins Proactive London to discuss their first half results which saw revenue and other income up 96% to £17.4m, reflecting strong progress of commercial partnerships in SOFC (Solid Oxide Fuel Cells).
He reminds viewers of the successful raise in March of net £179m, supporting their expanded strategy into green hydrogen electrolysis, potential doubling of the addressable market.
With Weichai, discussions are progressing well on the JV and wider strategic relationship. And fuel cell power is being explored for new higher power applications and maritime.