Ceres Power Holdings plc (CWR.L)
Ceres Power Holdings plc operates in the Electrical Equipment & Parts industry of the Industrials sector, headquartered in Horsham, WS, GB. The stock last traded at $485.00, up 11.75% on the session, giving a market capitalisation of $1.04B. Its beta of 3.00 implies it has historically moved more than the broad market.
Ceres Power Holdings plc is an engineering company specializing in fuel cell technology, involved in the creation and global distribution of its innovations throughout North America, Asia, and Europe. Its flagship offering, SteelCell, is a solid oxide fuel cell designed to generate electricity from a range of conventional and sustainable energy sources, including natural gas, biogas, ethanol, and hydrogen. This technology is utilized across various sectors, such as commercial enterprises, data centers, transport, and residential dwellings. Ceres Power has also forged a significant collaboration and licensing agreement with Doosan Fuel Cell Co. Ltd to establish a 50MW facility in South Korea for the licensed mass production of Ceres' advanced fuel cell stacks. The company, founded in 2004, maintains its headquarters in Horsham, United Kingdom.
Ceres Power Holdings plc is most often compared with the following Industrials names: