Member Info for Smokinjoe03

Delta are ramping up testing for rollout next year, they said on their website they expect 2026 and onwards to be increasing demand for fuel cells, hence why they readying production in anticipation, other companies won't want to miss out which is why I'm expecting new partners this year, Ceres have said its their main focus.

Looks v cheap in my eyes, just £25m above cash held (zero debt)

DYOR

Thomas - Doosan cancellations which were out months ago and barely caused a riplle in Ceres price, did you go and find out if they were PAFC or SOFC?....no i thought now, l believe were the former, hence no share price reaction when announced.

You really are losing credibility with your posts.

Thomas - nothing in Asia where our partners are based, that's very good news and hugely reassuring.

Unplug - even factual posts are refuted by you it's embarrassing, nobody of sound mind is listening

I just checked the timeline on Doosan EOY 2024 Presentation and the SOFC for Shipping vessel (a 1 year test proving energy expectations ) and it has marker down for 06/2025, hope that's correct as I had originally thought was towards end of year, does anyone know for certain the dates, as could potentially be big news and our first royalties as soon as next month?

https://www.doosanfuelcell.com/en/ir/inve-0101/

Very good read from late April

https://www.hydrogenfuelnews.com/doosan-fuel-cell-and-kospo-team-up-to-deliver-dynamic-grid-solutions-with-hydrogen-fuel-cells/8570591/

Unplug - your realism is quite different to most people's I believe, and there ends our conversations, it's a futile exercise.

Unplug - the market fooled you, not the company, im sure they never promised profits last year or this.

Interview with Nick Lawrence CPO at Ceres, I particularly like the 2nd last paragraph as it appears he seems confident in more SOFC partners this year.

https://www.theengineer.co.uk/content/in-depth/interview-with-ceres-powers-nick-lawrence

Unplug - positive news always comes back as negative through your posts, they are testing their product with top class industry experts, sorry but how is that a negative?

If results show top line performance not validated by other competitors, we will be the contract everyone wants to sign...you are deluded if you just expected these products to be whizzed through to the production line....I suggest if you hold (which i doubt) you sell up and buy into a more dynamic sector

Although known to some extend, these things can never be taken for granted and is big validation from Shell.

I've taken opportunity to top UP

Very good news and validating our Shell partnership.

https://polaris.brighterir.com/public/ceres_power/news/rns/story/w6om09w

Interesting to see Doosan Fuel cell share price UP over 27% this month

It says expanding capacity, surely meaning looking to expand us of SOFC.

"The two parties expect to implement government initiatives aimed at expanding the target capacity of hydrogen power generation via fuel cells, and strengthen safety management over the product’s lifetime by improving product assessment.

Doosan Fuel Cell’s SOFC features high power efficiency and operates at 600℃ to 620℃, approximately 200℃ lower than conventional SOFCs, with a relatively longer lifetime. Doosan Fuel Cell plans to begin mass production within this year by building a 50MW production capacity (166 systems per year) for the low- to mid-temperature SOFC at its Gunsan plant (approximately 79,300m2) located in Saemangeum Industrial Complex

What's strange is they don't come with a Ceres RNS, its no different to the ITM contract wins in last week, which pushed their price up considerably, only difference is they manufacturer we get license and royalties.

Not sure market factoring in these new wins, I'll be buying more today.

Great news, Doosan secured another SOFC contract win yesterday.

https://www.doosanfuelcell.com/en/media-center/medi-0101_view/?id=171&page=0&

Tennents - the even better news is that Jera own 28 Power Plants in Japan the biggest player in the country.

Alpha - Ceres confirmed that the 10 mw Shell electrolyser is scheduled Q2 (end June latest) that was in their yearly results pack on their website.

And this is exactly what our Japan partner Denso is working on.

https://www.energytech.com/renewables/article/55133515/denso-and-jera-jointly-developing-high-efficiency-hydrogen-generation-technology

I may have got it wrong, Lavrov unlikely apparently so boosts odds of Putin going, interesting