Ceres Power gets thumbs up from independent review
Fuel-cell maker Ceres Power says an independent review has concluded its technology is on track to provide combined heat and power in people's homes.
Fuel-cell maker Ceres Power says an independent review has concluded its technology is on track to provide combined heat and power in people's homes.
The group's main product is a fuel-cell that operates on mains natural gas and generates the heating and hot water and the majority of the electricity for a typical UK home.
Dr Nguyen Minh, a former Chief Scientist at GE Global Research, has given the Ceres kit the thumbs up, concluding that it will be robust enough for residential use and cheap enough to make commercially viable.
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The stock rose 8% in early trading.
BS
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