PYX Resources: Achieving volume and diversification milestones. Watch the video here.
This could be Ceres tech inside
https://www.linkedin.com/posts/almacleanpower_sofc-carboncapture-northernlights-activity-7148571194429005824-qjBn?utm_source=share&utm_medium=member_desktop
Good read
https://cfcc.mines.edu/colorado-fuel-cell-center-now-powering-mines-campus/
Https://media.licdn.com/dms/document/media/D4E1FAQEw2TLOeKFbkA/feedshare-document-pdf-analyzed/0/1700147568412?e=1701302400&v=beta&t=i_Ei80fAlyirNk86XGV2YXYWp2rY9YT6K4s9qH6zvMg
Interesting read and it shows that ceres is at a really good spot, eg. Operating temperature (thermoneutral voltage, see tech teach in), size of stacks (5kW->10-50kW), lifetime(->60kh) and especially cost (system cost ~600€/kW)
Weichai is apparently quite commited to the industrialisation of SOFC (Ceres):
https://en.weichaipower.com/investor_relations/hk_02338/periodic/202309/P020230927693762373631.pdf
See page 35, point "Solid oxide fuel cell and key components industrialisation project":
they plan to spend roughly 65million € until 2027 --> I would guess that mass production would start from 2027/28.
Https://www.rivieramm.com/news-content-hub/fuel-cells-unveiled-for-commercial-maritime-applications-78198
"Ceres Power and Alma Clean Power are jointly developing solid oxide fuel cell (SOFC) technology for maritime purposes, with the aim of having commercial units ready within two years. These would use more fuel types and chemistries to generate power for onboard requirements including powering electric drives and motors connected to propellers.
Alma Clean Power chief executive Hans Fredrik Lindoen-Kjellnes said the technology will be enclosed in a module that could be installed on ships to produce energy for propulsion and onboard loads.
“We plan, with Ceres, to develop SOFC starting with a 0.5-MW system, which would be modular and silent, with no vibrations, low maintenance and with carbon capture potential,” he said.
Because bunkering fuels for hydrogen is uncertain, the SOFC will be able to process methanol, ammonia, LNG and LPG fuels, biofuels and environmental fuels, compared with PEM fuel cells, that can only handle hydrogen.
“We expect the SOFC to have 60% energy efficiency,” said Mr Lindoen-Kjellnes. This compares with 40% for a combustion engine and 30% for a generator set.
Ceres Power lead for systems applications Huntly Thomas said one cell of this SOFC combines a sheet of screen-printed ceramic with the Ceria electrolyte and two sheets of stainless steel for robustness. These would be stacked to generate more power, enough to provide energy to ships.
“We expect larger-scale fuel cells for the future. We need to get to MW scale,” said Mr Thomas. “The way this is manufactured, impurities in hydrogen and reformatted fuels can be tolerated at a higher level.” There is no need for a reformer with a methane stream, but there would be for other fuel sources.
Alma Power and Ceres have tested a 6-kW SOFC with ammonia fuel to demonstrate 70% electrical production. This year, it also designed its first 80-kW module using LNG fuel.
“We are planning the first ship test on an Odfjell tanker in Q2 2024,” said Mr Lindoen-Kjellnes. Another pilot test could be on an MSC Cruises ship in Q2 2025.
“Our plan is to be ready for the market in 2026 onwards and for our SOFC to run on liquid organic hydrogen carrier, methanol, LNG and ammonia."
Quite an interesting read (Bay Hydrogen Hub - coupling nuclear with soec for different applications):
https://assets.publishing.service.gov.uk/government/uploads/system/uploads/attachment_data/file/1161490/iha-22-edf-final-feasibility-report.pdf
Interesting quote:
"At this stage in the project, Ceres have indicated that manufacturing and delivering the 1MWe system within
the timeframes of the IHA project are very challenging and it is unlikely that the deadlines will be met.
Conversations between parties are still ongoing, but alternative manufacturers of SOE systems have also
been engaged. Initial conversations indicate that delivery of a similar 1MWe system could be achieved
within the timeframe, subject to early tendering and procurement."
--> first thoughts were frustration (this is a perfect chance to get into those kind of applications) but on the other hand this means there is so much other demand (maybe with more future opportunities).
--> nevertheless the outlook for ceres soec for nuclear coupling sounds quite compelling
And another link with a not yet announced? partner:
https://electronics360.globalspec.com/article/19710/range-extenders-have-become-critical-for-e-mobility
"For larger, less cost-sensitive vehicles, such as commercial vehicles and large SUVs, companies such as Bosal and Ceres Power, are developing solid-oxide fuel cell (SOFC) range extenders. In these applications, efficiency is prioritized; these fuel-cell based solutions deliver around 60% energy efficiency. he metal-supported SOFC offers several other benefits including long-term reliability, fuel flexibility, low emissions, and mechanical robustness. As a range extender, the SOFC also offers fast refueling and significantly increased driving range, while reducing the installation space required, weight, and the capacity and cost of the vehicle’s battery."
Also a few months back, this interview with mark selby (unfortunately only a bit)
https://m.youtube.com/watch?v=7GhP3lpHU0s
Interesting read...
https://wp-ceres-2022.s3.eu-west-2.amazonaws.com/media/2023/06/Ceres_Power_Prospectus_26_June_2023.pdf
I have found this here on LinkedIn today:
From the ceo of MMEC Mannesmann —> they are also working with ceres on a feasibility study with Arkan steel and AVL
I am pleased to announce that MMEC Mannesmann LLC (an Emirati EPC & Technology Integrator Company) and #Linde, a leading global industrial gases and engineering company, have joined hands to collaborate on the execution of #Renewable project and explore other opportunities on #Hydrogen and #Renewables in the region. It fills me with joy to embark on this exciting journey together, leveraging our world-class expertise to successfully complete this project.
The signing ceremony was led by Mr. Uwe Zwiefelhofer, Managing Director MENA Region, Linde Engineering, and myself. We were honoured to have the presence of Mr. Christian Tietze, Head of Operations & PLANTSERV MENA at Linde Engineering, as well as my esteemed colleagues from MMEC Mannesmann LLC, Mr. Ahmed Nour (PMP)®, Head of Business Development & Projects, and Mr. Michel S. Kanaan, Head of Commercial.
#mmecmanesmannllc #mmecuae #lindemiddleeast #lindeengineering #mmeclinde #hydrogenandrenewable #renewableproject #hydrogenproject #emiratiepc #emiratitechnologyintegrator #hydrogenenergy #renewables #uaeonrenewbales #decarbonization #arabiangroupholding #agh
Video from shell where ceres is mentioned
https://www.shell.com/energy-and-innovation/the-role-technology-plays.html#vanity-aHR0cHM6Ly93d3cuc2hlbGwuY29tL3RlY2guaHRtbA
Another increase in subsidies should benefit ceres in the future
https://www.power-technology.com/news/japan-pledges-107bn-funding-for-hydrogen-developments/
New video regarding the listing…
https://www.ceres.tech/media/
“Bosch placed the largest bond in the company's history”
https://app.handelsblatt.com/unternehmen/energie/autozulieferer-bosch-platziert-groesste-anleihe-der-firmengeschichte/29171298.html#
Unfortunately all articles I have found are in German.
But maybe this is the final thing we were waiting for (maybe also for ramping up the production in Germany).
Read the news from 2023.04.19:
https://m.en.weichai.com/media_center/jtdt/202304/t20230427_93024.htm
Fuel cells and especially SOFC is mentioned several times, I think this is also very positiv.