Ceres Power revenues on strong upward path

0
21
  • Ceres Power appoints Professor Dame Julia King as an independent non-executive director
  • Hydrogen investment 101: what’s all the excitement, how will it work, which companies are involved?
  • Ceres Power impresses with technology demonstration, says broker
  • Ceres Power says its ‘right time to grow into world class player’ after completing GBP181m fundraise
double decker bus

Quick facts: Ceres Power Holdings PLC

Follow

View company profile

Ceres Power Holdings Plc 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.

16 Jun 2021

(LON:CWR.L) has appointed Professor Dame Julia King, Baroness Brown of Cambridge, as an independent non-executive director effective from 17 June immediately following the company’s Annual General Meeting.

Baroness Brown is an engineer with many years of experience across industry and government.

“In particular, her focus on climate change adaptation and mitigation and the low carbon economy hold great relevance for Ceres as it seeks to position itself as a global leader in solid oxide technology to address the challenges of climate change and air quality,” said the fuel cell and electrochemical technology company.

Following an academic career at Cambridge University, Baroness Brown held senior engineering and business roles at between 1994 and 2002, before returning to academia as Principal of Engineering at Imperial College and then as Vice Chancellor and Chief Executive of Aston University from 2006-2016.

Read more

29 Mar 2021

() has the potential to be a long-term winner of the clean energy transition according to Berenberg.

The broker says that the current share price implies the solid oxide fuel cell specialist Ceres will achieve sales of GBP400mln by the end of 2035.

Read more

25 Mar 2021

() has appointed one of the founding members of UK chip designer ARM Holdings to its board as an independent director.

Tudor Brown will take up the role with the fuel cell and electrochemical specialist at the start of next month.

Read more

19 Oct 2020

Shares prices in hydrogen-focused companies have finally begun to make serious headway this year as governments have started to set out concrete zero-carbon targets.

As we’re only in the early stages of the hydrogen journey there’s still likely to be significant opportunities for investors who want to dive deeper into this sub-sector.

Read more

02 Jul 2021

Ceres Power PLC () unveiled its new solid-oxide electrolysis (SOEC) at a capital markets event yesterday and broker Berenberg was impressed.

The broker has a share price target is 1,560p and said it is an “opportune time to revisit what we believe is a long-term winner of the clean energy”.

The technology is the same core as it uses already, but addresses a whole new market, it added.

Read more

18 Mar 2021

‘s () Phil Caldwell talks to Proactive London about the completion of a GBP181mln fundraising through both a placing and subscription.

Caldwell says it is the right time, to capitalise on the ‘great momentum’ as well as accelerate the development of its hydrogen electrolysis and fuel cell technology.

Caldwell says it’s the ‘right time to grow into a world class player and this capital raise really enables us to do that’. He adds, ‘we’re now in great shape for the future’.

Add related topics to MyProactive

Create your account: sign up and get ahead on news and events

NO INVESTMENT ADVICE

The Company is a publisher. You understand and agree that no content published on the Site constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is…

In exchange for publishing services rendered by the Company on behalf of named herein, including the promotion by the Company of in any Content on the Site, the Company receives from said issuer annual cash…

FOR OUR FULL DISCLAIMER CLICK HERE

Market Report: FTSE in sea of red as worries over European third Covid-19…

The Market Report with Katie Pilbeam.

FTSE 100 opened flat with doubts starting to creep in about the roadmap timetable as vaccination supply problems mount. London’s blue-chip index was down slightly at 6,712 early on.

Cineworld has raised more cash as it waits for cinemas to…

on 25/3/21

4 min read

LEAVE A REPLY

Please enter your comment!
Please enter your name here