Ceres confirms Denso as the latest licence partner
2024年8月6日 - 3:00PM
ビジネスワイヤ(英語)
Ceres Power Holdings plc (CWR.L), a leading developer of clean
energy technology, and Denso Corporation (“Denso”), a global
original equipment manufacturer, today provide further information
on a long-term licence agreement for the manufacture of Ceres’
proprietary solid oxide electrolyser cells for hydrogen
applications. This provides additional detail to the previous
announcement made on 22 July 2024 highlighting the terms of this
agreement.
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DENSO Headquarters (Photo: Business
Wire)
- Secures another world-class OEM partner for Ceres with the
scale, expertise and resource to manufacture advanced equipment for
the growing green hydrogen sectors
- The agreement includes significant revenues for Ceres over
multiple years, with a similar profile to previous Ceres OEM
licences, including licence fees, engineering services and
hardware. It also provides for royalty payments to Ceres on future
commercial production and sale to end customers by Denso
Denso is a Fortune 500 company, headquartered in Kariya, Japan,
employing over 160,000 people in 35 countries and regions
worldwide. It aims to leverage the expertise of system control and
thermal management it has built in automotive system development to
develop technology in the fields of hydrogen production. This
partnership will enable Denso to produce Ceres’ current and future
generations of stack technology under licence, in line with its aim
to establish a hydrogen supply chain.
Phil Caldwell, CEO of Ceres, commented: “I am excited to
announce our latest partnership with Denso. This builds on Ceres’
strategy to collaborate with leading high volume manufacturing
partners, located in regions where the energy transition has strong
momentum.
As a pioneer of the hydrogen industry globally, Japan aims to
generate investment in hydrogen worth 15 trillion yen over the next
15 years, with specific reference to the hard-to-abate sectors
including steel, ammonia and synthetic fuel production, for which
Ceres’ best-in-class solid oxide technology is particularly
well-suited offering distinct competitive advantages.
By continuing to licence our technology to major industrial
companies, Ceres and its partner network is delivering
decarbonisation at scale and pace.”
For further information visit www.ceres.tech.
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Ceres Power Holdings plc Patrick Yau/ Merryl Black Tel: +44
(0)7884 654179 Email: investors@cerespower.com
FTI Consulting (Financial PR) Dwight Burden / Ben Brewerton Tel:
+44 (0)203 727 1000 Email: ceres_power@fticonsulting.com
Ceres Power (LSE:CWR)
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