Ceres Power’s CEO, Phil Caldwell, Shares his Thoughts on the Company’s Progress this Year

By December 31, 2020 2   min read  (337 words)

December 31, 2020 |

CeresSign Strategic Collaboration for Fuel Cell Systems Business

“This has been a year of landmark achievements for our business. In the last few months, we have announced game-changing partnerships with Doosan, Bosch and AVL.

These partnerships will significantly scale-up the deployment of our SteelCell SOFC technology in key markets across the world and reinforce our position as a world leader in the sector. We’ve also kick-started our activities in electrolysis, where we see attractive commercial opportunities for solid oxide as well as being able to play an important role in a hydrogen future.”

“Looking to 2021, the growth opportunities for our business are clear. Many countries have placed decarbonisation at the centre of their plans for economic recovery after COVID, and we’ve seen significant investment in hydrogen and fuel cells announced in Germany, South Korea, Japan and the UK, to name a few. We are already working with leading companies in this space, and we are excited about the opportunities to develop further applications of our technology to drive forward decarbonisation.”

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About Ceres Power

Ceres is a world-leading developer of next-generation solid oxide fuel cell (SOFC) and electrochemical technology. Its asset-light, licensing model has seen it establish partnerships with some of the world’s largest engineering and technology companies, such as Weichai in China, Bosch in Germany, Miura in Japan, and Doosan in South Korea, to develop systems and products that address climate change and air quality challenges for transportation, industry, data centres and everyday living.  Ceres is listed on the AIM market of the London Stock Exchange (“LSE”) (AIM: CWR) and is classified by the LSE Green Economy Mark, which recognises listed companies that derive more than 50% of their activity from the green economy.

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