2nd Feb 2016 09:21
LONDON (Alliance News) - Fuel cell technology company Ceres Power Holdings PLC on Tuesday said it has signed a new evaluation deal with a leading manufacturer for its Steel Cell technology.
Under the agreement, Ceres will provide a complete Steel Cell system to the unnamed manufacturer to be tested. Should the testing be a success, Ceres said the two companies will form a joint venture to develop a fuel cell system.
No financial details were disclosed.
Ceres shares were up 2.2% to 6.95 pence.
By Sam Unsted; [email protected]; @SamUAtAlliance
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