Ceres raised £181mn to expand its business last year
Ceres Power accelerates electrolyser investment
Firm is advancing commercial partnerships and hopes to make announcements later this year
UK-based fuel-cell technology firm Ceres Power is building a 1MW solid-oxide electrolyser that will become operational in 2022 as part of its efforts to expand its electrolyser division. Last year, the firm raised £181mn ($238mn) from investors to expand its business. Around £100mn will be spent consolidating its position in fuel cells and £80mn on accelerating activity in its electrolyser division, including the establishment of a new test facility in collaboration with testing firm Horiba Mira. The technical work on the electrolyser is happening at the firm’s facility in Horsham in southern England. When that is complete, the unit will be deployed at an as-yet undisclosed industrial site w
Also in this section
11 April 2025
Tariffs and other protectionist measures raise questions about China’s plans to export green fuels and electrolysers, despite its huge cost advantages
11 April 2025
German firm reserves site for three-phase project as developers flock to Europe’s latest green hydrogen hotspot
8 April 2025
Gulf Energy to provide AIQ with exclusive access to its proprietary datasets and industry-leading documents. ENERGYai is already trained on petabytes of operational data from ADNOC, and this agreement will provide the solution with access to even greater quantities of relevant, high-quality industry information
7 April 2025
SAF provides a viable offtake solution for hydrogen producers and benefits from regulatory mandates and strong political support, ensuring long-term demand at higher prices
