Ceres to Test Residential, Small Business-scale Fuel Cell Co-Gen Units In UK
AIM-listed fuel cell business Ceres Power is launching a pilot programme in
the UK this summer to test its combined heat and power boilers for homes and
The West Sussex-based company (CWR), whose shareholders include Fidelity, via vehicles such as the Luxembourg-domiciled Fidelity European Smaller Companies fund, and the Church of England, hopes its fuel cell boilers will eventually replace traditional boilers with a sleeker and more energy and cost-efficient version.
Peter Blance, chief executive officer for Ceres Power, said: ‘We’re unique because our fuel cell is compact enough that it can be integrated into something that fits into the same place as your current boiler.
‘Usually fuel cells that deliver heat and power are the size of double American fridges that sit in people’s basements. Our product lends itself to the mass market – almost every home can have one.’
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