Ceres Power soars on signing manufacturing licence agreement with Weichai Power
05/11/2025 13:07
** Shares of clean energy technology developer Ceres Power Holdings CWR.L up 22% at 382.9p ** Stock top gainer across London stocks ** CWR announces licensing deal with its largest Chinese shareholder, Weichai Power 000338.SZ, to help power data centers ** Under deal, Weichai to manufacture Ceres' solid oxide fuel cells and stacks for stationary power systems in China ** "SOFC systems will complement Weichai's existing product portfolio for power generation, including gas engines and powertrains" - CWR ** Including session's gains, CWR's stock up ~124.21% YTD (Reporting by Ankita Bora in Bengaluru) ((Ankita.Bora@thomsonreuters.com))
Recent news on Ceres Power Holdings
See all newsCeres Power Holdings - Holding(s) in Company
Brief: Ceres Power Primary ABB Priced At GBP 5.70 Per Share, Says Bookrunner
Brief: Ceres Power Raises £103 Mln In Non-Pre-Emptive Capital Raise
Ceres Power Holdings - Results of Capital Raise
Brief: Ceres Power Primary ABB Orders Below GBP 5.70 Per Share Risk Missing, Bookrunner Says