RE: ADDED today30 Apr 2026 17:45
Ceres Power Holdings PLC (LSE:CWR, OTC:CPWHF) shares rose 2.6% to 640p on Thursday, extending a remarkable run that has seen the Horsham-based clean energy technology developer's stock more than double in the past month, valuing the company at £1.24 billion.
The immediate catalyst was the announcement of an infrastructure partnership between Delta Electronics and Centrica, targeting the data centre market and energy-intensive industries across the UK and Europe, with solid oxide fuel cells (SOFCs) providing off-grid energy generation.
SOFCs are electrochemical devices that generate electricity directly from fuel, offering high efficiency and lower emissions than conventional power generation.
Delta Electronics is one of Ceres' manufacturing licensees, building solid oxide fuel cell stacks and systems based on Ceres technology, while Centrica holds a strategic partnership with Ceres to accelerate SOFC deployment.
The deal positions Ceres' technology at the intersection of two of the most powerful demand trends in the European energy market: the rapid growth of Data centre
Peel Hunt, however, retained a 'sell' recommendation on the stock with a 200p target
Peel said the market appears to have shifted from underwriting long-term optionality to pricing it in today, with the current valuation implying an acceleration in commercial scale, royalty income, and cash generation that exceeds what the broker believes is visible in the near term.
PEEL HUNT is exactly right IMO as some of these tech toted to run data centre that use enough energy to power 100k homes is sometime years away and the Market put a valuation of £6.40p ?? red flag indeed...
and as i posted the other day from story in the news GAS generated powered plant like the rote QDE is taking will be around for years yet until technology such as those catch up with demand, signing a letter of intent with big CO's.. to help develop your tech is not revenue....
see you all tomorrow for 7am RNS suspension discussion, then a a little break for us all, god knows we need it, then hopefully a reset in our fortune.... with some announcement while we are away..