Ceres Power Holdings PLC 2023 AR2
The report highlights Ceres' strategic transition and progress in clean energy technology, specifically solid oxide fuel cells (SOFC) and electrolysers for green hydrogen (SOEC) during 2023. Despite a challenging macroeconomic environment, the company achieved a revenue of #22.3 million with a sector-leading gross margin of 61%. Key milestones included the delivery of its first megawatt-scale electrolyser demonstrator to Shell in India and receiving European funding of approximately €160 million for Bosch's power units based on Ceres' technology. Additionally, Ceres graduated to the Main Market of the London Stock Exchange and initiated reporting against TCFD recommendations.
Company: Ceres Power Holdings PLC
Sector: Professional & technical services
Country: United Kingdom
Year: 2023
Type: AR2
Pages: 72
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Ceres Power Holdings PLC
Annual Report
The report highlights Ceres' strategic transition and progress in clean energy technology, specifically solid oxide fuel cells (SOFC) and electrolysers for green hydrogen (SOEC) during 2023. Despite a challenging macroeconomic environment, the company achieved a revenue of #22.3 million with a sector-leading gross margin of 61%. Key milestones included the delivery of its first megawatt-scale electrolyser demonstrator to Shell in India and receiving European funding of approximately €160 million for Bosch's power units based on Ceres' technology. Additionally, Ceres graduated to the Main Market of the London Stock Exchange and initiated reporting against TCFD recommendations.
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Document Details
Report Year
2023
Reporting Period
Jan 1, 2023 - Dec 31, 2023
Fiscal Year
2023
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
Assurance
Assurance Standard
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Emissions
Scope 1:
Scope 2:
Energy Consumption
Women on Board
Women in Management
Employees