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ELECTRONICS | Electrical Product Distribution / Power Generation & Storage
cerespower.com

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PIPE | IPO

About Ceres Power

Ceres Power is a fuel cell technology and engineering company whose aim is to bring cleaner and cheaper energy to businesses, homes and vehicles.

Ceres Power Headquarter Location

Viking House Foundry Lane, Horsham

West Sussex, England, RH13 5PX,

United Kingdom

+44 (0)1403273463

Latest Ceres Power News

Ceres Power reiterates forecasts following strong revenue growth in first half

Jul 27, 2021

Ceres also said it had raised £181mln through a share placing in March and had cash and short-term investments of around £263mln at the end of June. As a result, the company said it is on track to be in line with revenue consensus estimates of £31.5mln for the full year. Meanwhile, Ceres said work is currently “going well” on its first-of-a-kind solid oxide electrolyser (SOEC) one megawatt-scale demonstrator which is predicted to be operational in 2022. The group also said it has seen “strong interest from commercial partners” and that it has continued investment in its business with the recruitment of over 100 new employees and the appointment of several new directors. "It has been another period of significant growth for Ceres with strong and meaningful strides from our partners. In addition, we successfully raised £181m to pursue a broader strategy in electrolysis for green hydrogen and to double the addressable market for our solid oxide technology", Ceres chief executive Phil Caldwell said in a statement. Quick facts: Ceres Power Holdings PLC Follow

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