6th Aug 2024 22:19
Ceres Power Holdings PLC - developer of clean energy technology - Signs contract with Denso Corp, an original equipment manufacturer headquartered in Kariya, Japan. Agreement includes "significant revenues for Ceres over multiple years". Denso says it "aims to advance the early practical application of solid oxide electrolysis cells that produce hydrogen through water electrolysis."
Chief Executive Phil Caldwell says: "I am excited to announce our latest partnership with Denso. This builds on Ceres' strategy to collaborate with leading high volume manufacturing partners, located in regions where the energy transition has strong momentum."
Ceres current share price: 204.80 pence
12-month change: down 39%
Denso current share price: JPY2,143.50
12-month change: down 13%
By Aidan Lane, Alliance News reporter
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