Ceres Power Holdings (GB:CWR) has released an update.
Ceres Power Holdings has secured a significant licensing agreement with global original equipment manufacturer Denso Corporation for the production of solid oxide electrolyser cells for hydrogen applications, promising considerable multi-year revenue through licence fees, engineering services, hardware, and royalties. This partnership enhances Ceres’ strategy to license its technology for decarbonization at scale and aligns with Japan’s investment in hydrogen for energy transition. The deal positions Ceres and its partners at the forefront of the green hydrogen sector, known for powering hard-to-abate industries with high-efficiency clean energy solutions.
For further insights into GB:CWR stock, check out TipRanks’ Stock Analysis page.
