Flash Income (CWR.L) CERES POWER HOLDINGS posts H1 turnover GBP11.3m -28 September 2023 at 08:10

Ceres Power Holdings plc is a UK-based developer of green energy technologies, fuel cells for power generation, and electrolyzers for green hydrogen. The company’s segments include solid oxide fuel cells (SOFC) and solid oxide hydrogen electrolysis cells (SOEC). The company’s core technology enables energy conversion and can operate in both fuel cell and electrolysis modes, making one product suitable for a variety of applications and markets. The technology is suitable for a wide range of commercial power applications, including decentralized urban power generation, power for data centers, backup power for off-grid applications, and commercial cogeneration. The company is developing SOEC technology, which provides a way to produce environmentally friendly hydrogen. This allows manufacturing partners to build their own fuel cell production facilities. Its subsidiaries include Ceres Power Ltd, Ceres Intellectual Property Company Ltd, Ceres Power Intermediate Holdings Ltd, and others.

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Rebecca Burke

"Coffee trailblazer. Analyst. General music geek. Bacon maven. Devoted organizer. Incurable internet ninja. Entrepreneur."

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