20th Feb 2025 11:15
Ceres Power Holdings PLC - Horsham, England-based clean energy technology developer - Germany's Robert Bosch GmbH plans to discontinue some work in the solid oxide fuel cells space and exit its minority holding in Ceres Power. Bosch's move is due to a "broader revised strategic decision" at group level, Ceres says. "The result of this is that Bosch will discontinue its operations relating to the industrialisation and preparation for production of decentralised power-supply systems based on solid oxide fuel cells," it says. "Bosch has informed Ceres that it will seek to end its partnership with Ceres in an orderly way, while continuing to meet its contractual obligations." Read More