Ceres Power Holdings (GB:CWR) has released an update.
Ceres Power Holdings has expanded its partnership with Shell to design a new 10MW solid oxide electrolyser for green hydrogen production, aiming to enhance efficiency and scalability for industrial applications. The new contract leverages data from Ceres’ 1MW demonstration at Shell’s Bangalore facility and targets significant efficiency gains to align with EU technology goals for 2030. This collaboration underscores Ceres’ role in advancing clean energy technology and contributing to the decarbonization of heavy industries.
For further insights into GB:CWR stock, check out TipRanks’ Stock Analysis page.