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august 22, 2018 - Bosch

Bosch forms strategic collaboration with fuel-cell expert Ceres Power

Flexible power supply for cities and industry

  • Agreements signed: Bosch to enter into partnership for technology development and manufacturing, and to acquire 4 percent equity stake in Ceres Power Holdings plc.
  • Dr. Stefan Hartung, Bosch: “Highly efficient fuel cells will bring the move to alternative energy a step closer.”
  • Phil Caldwell, Ceres Power: “This partnership with Bosch has the potential to drive the widespread adoption of SOFC for distributed power generation products using the Ceres Steel Cell technology.”

Stuttgart, Germany, and Horsham, U.K. – Bosch is pressing ahead with the development of fuel-cell technology for potential new power systems. Together with the technology specialist Ceres Power, based in Horsham, U.K., the company wants to develop the next stage of solid-oxide fuel-cell (SOFC) technology. Bosch also plans to take a 4 percent equity stake in Ceres Power. A collaboration and license agreement, for the further development of technology, and establishment of small-volume production operations at Bosch, as well as a share purchase agreement, were signed by the two companies on August 20, 2018.