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Ceres sees excellent progress

By BFN News | 09:57 AM | Wednesday 02 December, 2015


Ceres Power Holdings reports excellent progress with the latest release of its V3 Steel Cell technology platform. This improves efficiency and power density to the point which enables Ceres to address high efficiency, power only applications for the commercial scale market, as well as significantly improving the economic case for the residential market. Ultimately the latest increase in performance enables Ceres to tap into a more significant part of the distributed generation market, which is predicted to be worth around $200bn globally by 2020, of which approximately $40bn is expected to come from fuel cell power systems. At 9:57am: (LON:CWR) Ceres Power Holdings PLC share price was +0.74p at 6.85p Story provided by StockMarketWire.com

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