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IN BRIEF: Ceres Power Says Bosch Ready To Mass Produce New Cell

Mon, 07th Dec 2020 14:16

Ceres Power Holdings PLC - Horsham, West Sussex-based solid oxide fuel cell developer - Announces successful prototype phase of fuel cell system in collaboration with Bosch Group. Says Bosch is now preparing to start mass production of fuel cell systems incorporating Ceres' proprietary technology, SteelCell. Says multiple sites in Germany are aiming to produce an initial aggregate 200 megawatt capacity in 2024.

Current stock price: 1,013.84 pence

Year-to-date change: up over 100%; traded at 262p at December 31, 2019

By Greg Roxburgh; gregroxburgh@alliancenews.com

Copyright 2020 Alliance News Limited. All Rights Reserved.

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