Ceres Power

Ceres Power announced plans to build a £7 million solid oxide fuel cell plant in Redhill, UK, with an initial capacity of 2 MW per year, expandable to 10 MW. The plant will serve as a lead facility for volume production and process development.

Weichai Power signed an agreement to buy a 20% stake in British solid oxide fuel cell company Ceres Power for over GBP 40 million, and to set up a joint venture in Weifang, China to commercialize SOFC technology.