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Ceres Power
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Short description

Developer of metal-supported solid oxide fuel cell technology for combined heat and power applications

Founded in 2001
Founded in

Company type Public Public (CWR.L)
Company type

Industry Group energy & power

Sector fuel cells

TRL Range 4-6
TRL 1 Basic research
TRL 2 Technology formulation
TRL 3 Applied research
TRL 4 Small scale prototype
TRL 5 Large scale prototype
TRL 6 Prototype system
TRL 7 Demonstration system
TRL 8 First of a kind commercial system
TRL 9 Full commercial application
TRL Range

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Headquarters United Kingdom Horsham, West Sussex, United Kingdom
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Updated by Jonathan Watkins at Ceres Power on 05/27/2014

Edited by Cleantech Group on 07/20/2023

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Date Company
11/06/2009

Bord Gais Bord Gais

Ceres Power signed an agreement with Bord Gais for residential combined heat and power (CHP) products operating on natural gas for the Irish market.

Confirmed by Bord Gais

Partnerships
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Date Partner Type
11/11/2021
RFC Power RFC Power
This technology combines both fuel cells and flow batteries to create a regenerative fuel cell that can be used for long-duration energy storage.
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Confirmed by RFC Power
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IPO INFORMATION

Date

IPO status

IPO Type

Amount

Initial shares

Ticker symbol

CWR.L

Exchange listed

Prospectus URL

Prospectus

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Source

Description

Date Investors Type Amount
03/18/2021 Investec Investec , Berenberg Berenberg (2)
Post-money valuation of
PIPE $248,114,800
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Products
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Product image Name Product status Revenue model Cost metrics

Ceres Steel Fuel Cell

A low cost robust version of Solid Oxide Fuel Cell (SOFC) technology, able to operate at temperatures substantially lower than conventional designs.

Product Development License of Usage
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