Ceres Power focused on scaling-up

Fuel cell technology specialist Ceres Power Holdings remains focused on supporting manufacturing partners scale-up production capabilities towards mass market launches in 2024.

The company yesterday (17th Feb) confirmed its growth plans, stating that it will continue to develop solid oxide electrolysis for green hydrogen production targeting industrial applications.

Despite the challenges caused by the global pandemic, the company had a strong 2020, having partnered with the likes of Doosan, Bosch, Weichai and AVL.

“The last 18 months have been one of the most important periods in our history. Bosch and Weichai made significant equity investments in the business, underlining their long-term confidence in our technology,” said Phil Caldwell, CEO of Ceres.

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