Coronavirus impact: 9 July - another fuel cell group powers past £1billion
Shares in Ceres Power rose to new highs on the latest update. With increased interest in innovative clean energy technologies could there be plenty more to go for?
Ceres Power: another £1billion+ fuel cell companyShares in Ceres Power (LON: CWR), the fuel cell group, rose to new highs following an encouraging trading update for the 12 months ending 30 June 2020. Ceres and other hydrogen fuel cell groups have been star performers over the pandemic. Ceres has a unique, solid oxide electrochemical technology that delivers distinct advantages of robustness, efficiency, cost and as a fuel cell works on multiple fuels including natural gas and hydrogen.You can read our previous note on Hydrogen Fuel Cells: future stars hereRevenue and other operating income for the 12-month period to 30 June 2020…