Ceres Power Holdings PLC (AIM:CWR, OTC:CPWHF) has signed an agreement with HORIBA MIRA, a long-established engineering and testing consultancy, to develop fuel cell and hydrogen technology testing systems for the international market.
HORIBA MIRA has provided Testing-as-a-Service to engineering firms for 75 years and also provides validation and certification to ensure products are compliant with local in-country regulations.
This testing service is an enabler for HORIBA MIRA's customers seeking the rapid maturation of emerging carbon-zero technologies, said Ceres.
As part of the multi-million-pound deal, a new test facility will be built at HORIBA MIRA's headquarters with the two companies also to work together on developing next-generation testing infrastructure
This will include the design, manufacture and certification of fuel cell testing systems, known as test stands, by the wider HORIBA group, so that Ceres can deploy testing into international markets with solutions that are locally compliant.
AIM-listed Ceres added the agreement is also a major investment in the UK’s green hydrogen capability and that it selected Nuneaton-based HORIBA MIRA after an extensive market review.
Phil Caldwell, chief executive, said: "Ceres is making a significant investment in the UK, aligned with the Government's hydrogen strategy and principles.
“The new centre and collaboration with HORIBA MIRA will accelerate our high growth technology through trusted testing, supporting delivery to our global partnership base and expansion into new markets."