REG - Ceres Power Holdings - Ceres and Centrica sign a strategic partnership

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RNS Number : 1693Y  Ceres Power Holdings plc  26 March 2026

CWR.L

26 March 2026

 

 

Ceres Power Holdings plc

("Ceres", the "Company")

Ceres and Centrica sign a strategic partnership

 

Centrica and Ceres sign strategic partnership to bring multi‑GW

on‑site fuel cell power to the UK and Europe

 

Horsham, UK:  Ceres Power Holdings plc ("Ceres"), a UK‑based clean energy
technology leader, today announces a collaboration with Centrica plc
("Centrica") to accelerate the deployment of solid oxide on‑site power
solutions to meet the multi-gigawatt demand from commercial and industrial
customers across the UK and Europe.

With electricity grid connection delays impacting new industrial, commercial
and digital projects, the UK and Europe are experiencing a widening gap
between demand and available capacity. Through this collaboration, Centrica
will be able to offer customers high‑efficiency, low‑carbon, grid
independent on‑site power that can be deployed much faster than gas turbines
or nuclear.

 

By bringing together Centrica's market‑leading energy supply, trading and
services platform with Ceres' advanced Solid Oxide Fuel Cell (SOFC) and Solid
Oxide Electrolysis Cell (SOEC) technologies, the partnership enables fast,
scalable deployment of high‑efficiency, fuel‑flexible on‑site generation
for data centres, AI compute hubs, advanced manufacturing, logistics and
distribution centres, as well as other critical commercial and industrial
applications. Ceres' SOFC technology delivers high electrical efficiency,
quiet operation and fuel flexibility, operating on natural gas today whilst
providing a clear pathway to other fuels such as biogas and hydrogen in the
future. The technology is also inherently suited to carbon capture
applications.

Initially, Ceres will support Centrica in expanding a new differentiated
service-led model for clean power, providing access to British technology at
scale and pace through its expanding ecosystem of global manufacturing
partners. Ceres will assist Centrica with opportunities across project
origination, installation and commissioning, remote monitoring, predictive
maintenance and end of life recycling ensuring customers benefit from a full
lifecycle solution. In addition, Centrica is also exploring how Ceres'
high‑efficiency SOEC technology could integrate with its AMR programme to
produce nuclear‑enabled green hydrogen, strengthening the UK's long‑term
clean energy strategy.

Centrica's gas and power trading capabilities will underpin a powerful
customer proposition that integrates technology and fuel supply, structured
energy contracts, long-term cost certainty and optimisation of on‑site
generation into flexibility and balancing markets.

 

Chris O'Shea, Chief Executive of Centrica plc said: "Businesses across the UK
and Europe need more power, and they need it faster than the electricity grids
can deliver. This partnership is about offering customers a reliable,
efficient source of on‑site power that can be up and running quickly. By
combining Ceres' technology with our energy expertise, we see a real
opportunity to support data centres, AI and industry with cleaner power at
scale, while helping to ease pressure on the grid and boost economic growth."

Phil Caldwell, CEO of Ceres said: "This partnership is a powerful realisation
of British technology applied at global scale. Leveraging Centrica's energy
capabilities and Ceres global network of world‑class manufacturing partners,
we can deliver low‑carbon, high‑efficiency power solutions for the
fast‑growing data centre and on‑site power sector in the UK and Europe."

 

Ends

 

For further information visit www.ceres.tech (http://www.ceres.tech/) or
contact:

 Ceres Power Holdings plc    Tel: +44(0)7770 853463

 Merryl Black                Email: investors@cerespower.com

About Centrica

Centrica is a leading integrated energy company focused on meeting the
evolving energy needs of households, businesses and governments. Through its
portfolio of energy supply, services and infrastructure assets, Centrica plays
a critical role in energy security and the transition to a lower-carbon energy
system, investing to deliver resilient and affordable energy solutions for the
future.

About Ceres

Ceres is a leading developer of clean energy technology: fuel cells for power
generation and electrolysers to green hydrogen. Its asset-light, licensing
model has seen it establish partnerships with some of the world's largest
companies, such as Doosan, Delta, Denso, Shell, Weichai, and Thermax. Ceres'
solid oxide technology supports greater electrification of our energy systems,
including AI data centres, commercial and industrial applications, and
produces green hydrogen at high efficiencies as a route to decarbonise
emissions-intensive industries such as ammonia, steelmaking, and electrofuels.
Ceres is listed on the London Stock Exchange ("LSE") (LSE: CWR) and is
classified by the LSE Green Economy Mark, which recognises listed companies
that derive more than 50% of their activity from the green economy. Read more
on our website www.ceres.tech (http://www.ceres.tech) or follow us on LinkedIn
(https://www.linkedin.com/company/ceres-power/) .

 

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