|Bid||1,614.00 x 0|
|Ask||1,622.00 x 0|
|Day's Range||1,590.00 - 1,626.00|
|52 Week Range||231.00 - 1,626.00|
|Beta (5Y Monthly)||N/A|
|PE Ratio (TTM)||N/A|
|Earnings Date||Sep 28, 2020|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||230.00|
Ceres Power Holdings plc ("Ceres", the "Company") (AIM: CWR.L), a leader in solid oxide fuel cell (SOFC) technology and Bosch Group, a global leader in Mobility Solutions, Industrial Technology, Consumer Goods, and Energy and Building Technology, today publish a joint press release on the next phase of their strategic collaboration, shown at the end of this statement.
Two energy industry veterans plan to launch an investment fund focused on hydrogen this year as more and more governments include the niche fuel in their global warming battle plans. Hydrogen has long-been touted as a potential clean fuel as it only emits water vapour but it has failed to gain traction, mainly because of historically high production, transportation and storage costs. The new fund, HydrogenOne Capital, is being launched by JJ Traynor, a former Royal Dutch Shell executive, and Richard Hulf, who has worked at Exxon Mobil and been an energy fund manager at Artemis.