Daily Mail

CHARGING AHEAD

- by Rachel Millard

SHARES in fuel cell maker CERES POWER have climbed steadily over the latest year, with strong signs they will continue to do so.

Spun- out of work at Imperial College london, the firm now makes foot-sized cells that generate low- carbon electricit­y from natural gas, as well as sustainabl­e fuels.

fuel cells are widely used in Japanese homes and experts believe the market will grow by 24pc until 2024. at the same time, technology is getting better and costs are coming down.

Ceres, which is based in horsham in West Sussex, is already working with big names.

They include nissan on electric cars and Cummins, where it is collaborat­ing on power for data centres, which is another booming market.

Shares are up almost 80pc this year and yesterday were 13p.

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