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Ceres Power Korean partner making progress with new 10KW fuel cell system

Published: 04:59 01 Sep 2021 EDT

Ceres Power Holdings PLC -

Ceres Power Holdings PLC (LSE:CWR) (LON:CWR) said its Korean partner plans a small-scale roll-out of a solid oxide fuel cell (SOFC) system for buildings and houses next year.

Doosan Corporation is doing so after completing development work on a 10-kilowatt unit, which uses two of Ceres’ 5KW SOFC stacks.  

The new system, which is 40% more power-efficient than the current equivalent Doosan fuel cell product, is the size of 5KW units on the market in Korea.

Fuel cell technology is taking off in the country as a result of green regulation at both national and local government level.

Chief executive Phil Caldwell added: "This is another example of Ceres enabling the energy transition through embedding our unique technology in the products of world-class companies and reinforces our view that Korea will be a leading market for hydrogen and fuel cells."

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