IN BRIEF: Ceres Power celebrates order intake and surge in revenue
Ceres Power Holdings PLC - Horsham, England-based clean energy technology developer - Hails "record order intake" in 2024, topping GBP110 million, after the signing of two new manufacturing partners and an electrolyser system partner. It predicts revenue at the upper end of previous guidance of GBP55 million to GBP60 million, a sharp jump from GBP22.3 million in 2023. A gross margin between 78% to 80% is expected, surging from 61% in 2023. Read More