LSE:CWR - Ceres Power Holdings PLC Ceres Power Holdings PLC
Sector: Industrials, Industry: Electrical Components & Equipment
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GBX 178.3    +13.6 (+8.26%)

2 May 2024


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General

CEO: Mr. Philip Joseph Caldwell

IPO: 2004-11-25

Headquarters: GB

Employees: 586

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Description

Ceres Power Holdings PLC is a UK- based technology solutions provider. It is one of the developers of fuel cell technology, which enables the production of clean & low-cost energy. Its SteelCell technology uses the existing infrastructure of mains natural gas & is manufactured using commodity materials, such as steel. It mainly caters to the automotive industry. Among its other markets are transportation, commercial, & light industrial sectors. The group established a leading technology position in solid oxide fuel cell (SOFC) power systems & develop solid oxide electrolysis (SOEC) to demonstrate it at a megawatt scale. The Group has identified two reporting segments, Power (SOFC) & Hydrogen (SOEC), the majority is from the Power (SOFC) segment. Geographically, the majority is from Asia.

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