Member Info for exp1orer

If some people think 750p is expensive, they find out in a few months that that price is actually a bargain.

I sold my $154k PLTR to try to buy below 600p but by the time ii executed my order it was already 640.2p... it's fine... CWR made my SIPP more than £500 (from £197k)... there will sign once my SIPP reaches £1M.

So about 20% were against remuneration... the executives must giving themselves generous bonuses whilst the company is still losing money.

The two 1.15m shares are BUYs according to ADVFN and Investing.com.

I was actually shocked when I saw earlier today that the two shorters increased their shorts yesterday. I mean, do they not even research what's happening with CWR and why the SP has been skyrocketing? Do they just base their shorts based on technical indicators? They are really brave souls and don't care burning millions.

Doosan Fuel Cell is +27% today. There must a significant development for such a breakout.

I am not surprised that GS significantly upgraded CWR to 930p (670p) after they visited Weichai and probably saw the progress of the construction of the soon to be the largest fuel cell factory in the world (AI estimate is 1GW). If the building is already complete and starting to move the production machines from South Korea, then that 930p rating will again be upgraded.

Bigdaddypump,

Your warning is only applicable to swing traders who want to make money short term. Long holders like me will be happy to pump more if there is a significant dip... as mentioned yesterday, some may not have an idea that we are currently only at the foot of Mt. Everest if you know what are coming for CWR, its current partners, and soon additional partner, this stock will fly to the moon, not just the peak of Mt. Everest.

Bigdaddypump,

Why wait for the 666p? 😂 a horrifying number to make the long holders panic more? I would rather have you start now because I am waiting for a dip to go add more.

If Centrica is going to deploy large-scale power system for UK and Europe in the next 12 months, I don't think Delta can supply Centrica's requirements because Delta's factory capacity is only 200MW... and if Delta is going to serve the South East Asian countries as well and some of its existing data centres in the USA, Delta will struggle to supply the demand. Weichai will have the largest fuel cell factory in the world soon in China but I don't think 1GW (estimated by AI) is even enough for China market alone. That leaves the question, is Delta going to upgrade its factory capacity? Or a new partner will come very soon?

Hy2020,

Thanks for the link about Delta and Centrica to launch a scalable off-grid fuel cell power solution. I was right in my post here a couple of weeks ago that for Centrica to deploy Ceres technology quickly, they have to source the power modules from one of the partners that is already in production or already on its way to complete the factory. It makes sense to go to Delta (instead of Doosan) because Doosan has only 1/4 the factory capacity of Delta.

According to AI:

Based on their respective financial and commercial activities, the energy company that connects both Covalis Capital and Shell is Ceres Power Holdings PLC, a UK-based clean energy technology developer specializing in solid oxide fuel cells and green hydrogen electrolysers.

However, they do not "work together" in a joint venture. Instead, they interact with Ceres Power from two different angles: one as a massive financial backer, and the other as a strategic industrial partner.

Here is how both entities are involved with Ceres Power:

Covalis Capital's Role: Major Financial Investor

Covalis Capital is a significant institutional shareholder in Ceres Power. In October 2025, Covalis increased its position and crossed a major regulatory threshold, reporting that it held nearly a 10% stake (combining shares and financial instruments) in Ceres Power's voting rights. Covalis backed the company as part of its broader investment mandate focused on the global energy transition and renewable infrastructure.

Shell's Role: Strategic and Commercial Partner

Shell, on the other hand, works directly with Ceres Power on the ground as a commercial partner to scale up green hydrogen technology. Shell has partnered with Ceres to deploy its solid oxide electrolyser technology. A notable example is their joint milestone in India, where Shell provided the installation, integration, and safety assurance expertise to successfully deploy a megawatt-scale electrolysis system that produces hydrogen.

Summary

While Covalis Capital provides the financial capital and shareholder backing to help Ceres Power grow, Shell provides the industrial infrastructure and commercial partnership to test and deploy Ceres' clean energy technologies in the real world.

Rulocal,

according to AI:

The connection between Covalis Capital LLC and Shell Plc is strictly that of an institutional investor and an investee. There is no corporate partnership, joint venture, or subsidiary relationship between the two entities; rather, Covalis Capital has historically held a massive financial stake in the oil and gas major.

Here is a breakdown of their relationship and how it fits into Covalis Capital's broader strategy:

1. Significant Institutional Shareholder

Covalis Capital is an investment manager, and Shell has been one of the foundational pillars of its public equities portfolio. In recent years, Shell has frequently ranked as one of Covalis's largest—if not the largest—holdings. For example, in their Q4 2023 13F regulatory filing, Shell Plc was listed as the firm’s single largest holding, with over 1.3 million shares accounting for a significant concentration of their publicly reported portfolio.

2. Strategic Alignment (The Energy Transition)

Founded in 2012 by Zach Mecelis, Covalis Capital is a London-based hedge fund that specializes heavily in utilities, infrastructure, commodities, and renewable energy. A core part of their mandate is investing in the "energy transition"—the global shift from fossil fuels to lower-carbon and electrified economies.

Holding a major stake in Shell aligns with this strategy. Hedge funds focused on the energy transition often invest heavily in legacy oil and gas majors like Shell, either because these companies generate the massive cash flows needed to fund renewable infrastructure, or because the funds want to exert shareholder influence over how these energy giants navigate their low-carbon transitions.

Summary

In short, Covalis Capital's connection to Shell is that of a high-conviction investor. Covalis uses its capital to take large equity positions in energy companies it believes are pivotal to the global energy landscape, and Shell has been a primary target for that capital.

RNS: JPMorgan Securities increased its holding to 5.05%. There seems to be a conflict of interest because its mother holding company JPM released an increased valuation of the SP. well...

Some may not realised, we are only at the foot of Mt. Everest... they maybe the first to start the high volume production, but Doosan has the least factory capacity (50MW) compared with Delta (200MW) and Weichai (AI estimate is 1GW). If Doosan upgrades its factory (the same location), 200MW is probably a stretch. Weichai completing its factory and production line and an additional partner this year (American partner hopefully) will send this stock to the moon.

Two more shorters increased their positions yesterday... they probably won today... but BE's results which is +15% after market today may squeeze them tomorrow.

I can still remember an RNS a couple of months ago which stated that J.P Morgan reduced its holdings to lend the shares (which I assume to the shorters). I think in that RNS the lent shares must be returned by 22nd April (last week)... it must be costly for that shorter to return the shares borrowed at a much higher price.

Capital Fund increased their shorts by 0.02% on 22nd... brave souls

I asked AI Gemini Pro what would be the most likely capacity of Weichai factory if it will be the largest fuel cell factory in the world when completed based on the link provided by meetoo1 at ADVFN chat board. Here's the answer I got:

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Based on the details in the provided news article and the current competitive landscape of fuel cell manufacturing, the most likely capacity of Weichai's new Solid Oxide Fuel Cell (SOFC) factory would be in the multi-gigawatt range, likely between 1 GW and 2+ GW per year.

Here is the breakdown of why this is the most probable capacity:

The Baseline in the Article: The news report states that SFA previously supplied a turnkey mass-production line to Doosan Fuel Cell with a capacity of 50 MW. While 50 MW is a significant mass-production milestone, it is nowhere near the "world's largest."

The Equipment Cost Ratio: The article notes that Weichai's massive order is exclusively for "core process equipment" for cell manufacturing. Because Weichai is buying just the core process machinery for such a massive sum (compared to Doosan buying an entire turnkey factory line), it indicates Weichai's production line is being scaled to be exponentially larger than Doosan's 50 MW baseline.

Surpassing Current Global Leaders: The article explicitly mentions that Weichai "has completed the world's largest fuel cell production plant in China's Shandong Province". To genuinely hold the title of the "biggest fuel cell factory in the world," Weichai must surpass the current industry giants:

Elcogen recently expanded its major European SOFC factory to a capacity of 360 MW.

Bloom Energy, the current global heavyweight in SOFC manufacturing, produces around 1 GW annually and is rapidly expanding its capacity to 2 GW by the end of 2026.

Weichai's Historic Scale: Weichai already operates the world's largest hydrogen PEM fuel cell factory for commercial vehicles, which has a 20,000-unit annual capacity (roughly equivalent to 1.5 to 2 GW of power).

Therefore, for Weichai's new AI data center SOFC plant to outpace companies like Bloom Energy and fulfill the claim of being the largest in the world, the factory's capacity must be designed to output well over 1 Gigawatt (GW), likely scaling up to 2 GW or more once fully completed and operational.

Doosan factory has 50MW/year (or 50,000 Kw per year) capacity of producing fuel cells and if it has to produce the newly released Endura which has 10KW power, that means Doosan should produce 50,000KW/10KW=5,000 Enduras per year. If Doosan has to make a 30MW power system using the Endura, then they have to use 30,000KW/10KW=3,000 Enduras to be able to have a 30MW (30,000KW) power system.

If Weichai is going to have 5x the factory capacity of Delta (200MW), that means Weichai will have a 1GW SOFC factory which confirms the article saying it will be the largest fuel cells factory in the world.