Ceres Power Holdings plc · Industrials
Ceres Power Holdings plc, a fuel cell technology and engineering company, engages in the development and commercialization of fuel cell technology in North America, Asia, and Europe. The company offers SteelCell, a solid oxide fuel cell that generates power from conventional and sustainable fuels, such as natural gas, biogas, ethanol, and hydrogen. Its products are applied in commercial, data center, transport, and residential markets. Ceres Power Holdings plc has a collaboration and license agreement with Doosan Fuel Cell Co. Ltd to build a 50MW facility for the mass manufacture under license of Ceres' fuel cell stacks in South Korea. The company was incorporated in 2004 and is headquartered in Horsham, the United Kingdom.
Industrials
Electrical Equipment & Parts
478
2010-04-05
1.97
Insider Activity

Ceres Power Holdings PLC (LSE:CWR, OTC:CPWHF) fell 7% to 320p on Thursday after Peel Hunt downgraded the fuel cell technology developer to 'sell' from...

Ceres Power Holdings PLC (LSE:CWR, OTC:CPWHF) fell 7% to 320p on Thursday after Peel Hunt downgraded the fuel cell technology developer to 'sell' from 'hold', arguing the shares reflect an overly optimistic view of the company's long-term growth prospects. The broker raised its discounted cash flow-based target price from 190p to 200p following forecast revisions but said the stock's current valuation, at 14.3 times its 2026 revenue estimate, priced in a timing of cash returns and investment plans that it did not believe was justified.

Ceres Power Holdings plc (CRPHY) Q4 2025 Earnings Call Transcript

Ceres Power Holdings PLC (LSE:CWR, OTC:CPWHF) shares jumped over 14% after it revealed a new strategic partnership with British Gas owner Centrica PLC (LSE:CNA) and reported full-year results broadly in line with expectations. The hydrogen and fuel cell technology developer said the partnership will combine its solid oxide fuel cell technology – currently able to generate electricity from natural gas and designed to also use other fuels such as biogas and hydrogen in the future – with the British Gas owner's energy supply and trading platform, targeting businesses struggling to secure grid connections fast enough to meet growing power demands.

British Gas owner Centrica and Ceres Power announced a partnership on Thursday to deploy solid oxide fuel cell power solutions to meet the multi-gigawatt demand from commercial and industrial customers across the UK and Europe.

Ceres Power is rated a buy, leveraging its asset-light solid oxide fuel cell technology and strong manufacturing partnerships. Recent deals with Doosan and Weichai position CPWHF to benefit from data center electrification in Asia and potentially the US. Revenue is projected to nearly double to GBP62m in 2026, with cost-cutting reducing OPEX by 20% and minimal cash burn expected.
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