ADVFN Logo

We could not find any results for:
Make sure your spelling is correct or try broadening your search.

Trending Now

Toplists

It looks like you aren't logged in.
Click the button below to log in and view your recent history.

Hot Features

Registration Strip Icon for discussion Register to chat with like-minded investors on our interactive forums.

CWR Ceres Power Holdings Plc

143.00
-0.60 (-0.42%)
Last Updated: 09:05:14
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Ceres Power Holdings Plc LSE:CWR London Ordinary Share GB00BG5KQW09 ORD 10P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -0.60 -0.42% 143.00 141.90 143.00 146.10 140.20 145.50 63,887 09:05:14
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Electric & Other Serv Comb 22.13M -45.12M -0.2339 -6.11 275.9M

Ceres Power and Honda Sign New Joint Development Agreement

18/01/2016 12:00pm

Business Wire


Ceres Power (LSE:CWR)
Historical Stock Chart


From Mar 2019 to Mar 2024

Click Here for more Ceres Power Charts.

Ceres Power Holdings PLC (AIM:CWR), is pleased to announce that it has signed a new Joint Development Agreement with Honda R & D Co Ltd (“Honda”) to jointly develop Solid Oxide Fuel Cell stacks using Ceres Power’s unique metal supported Steel Cell technology for a range of potential power equipment applications.

The Ceres Power and Honda joint development will also include a third party who will consider the future mass production scale–up of the Steel Cell technology based on Ceres Power’s manufacturing processes which represents an important advancement in the relationship.

This 2 year contract will allow the parties to build upon the successful previous Joint Development Agreement announced on 29 October 2014 and represents a deepening of the relationship between Honda and Ceres Power.

Phil Caldwell, Chief Executive of Ceres Power commented:

“This latest agreement with Honda represents a huge endorsement of our Steel Cell technology, in the world’s most advanced fuel cell market. We are demonstrating that we can successfully deliver on our strategy of embedding our Steel Cell technology into a variety of different power products and markets with the world’s leading companies. We look forward to continuing to work with Honda to meet their high standards for performance quality and supply.”

Notes to Editors:

About Ceres Power

Ceres Power (http://www.cerespower.com/) is a world leader in low cost, next generation fuel cell technology for use in distributed power products that reduce operating costs, lower CO2, SOx and NOx emissions, increase efficiency and improve energy security. The Ceres unique patented Steel Cell technology generates power from widely available fuels at high efficiency and is manufactured using standard processing equipment and conventional materials such as steel, meaning that it can be mass produced at an affordable price for domestic and business use.

www.cerespower.com

ENDS

TavistockMike Bartlett/James CollinsTel: +44 (0) 20 7920 3150

1 Year Ceres Power Chart

1 Year Ceres Power Chart

1 Month Ceres Power Chart

1 Month Ceres Power Chart

Your Recent History

Delayed Upgrade Clock