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Ceres Power receives milestone payment from British Gas for 1 kilowatt combined heat & power product

Published: 21:32 26 May 2009 AEST

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Ceres Power confirmed that it had successfully completed testing of its 1 kilowatt grid-connected Combined Heat and Power (‘CHP’) product, triggering a £2 million milestone payment from British Gas. The 1kW CHP negates the need for a household to have both a hot water boiler and central heating boiler. 

Ceres Power went on to note that its CHP products integrate all of the ancillary boiler components into a single unit for both hot water and central heating requirements.  The product is wall mountable and uses the same gas, water and electricity connections as existing boilers to ease installation and maintenance.


Ceres has now commenced the next phase of trials which will see CHP units developed for in-field trials.  A manufacturing plant in Horsham is “well underway” and Ceres reiterated the original target to launch the product in the UK in the second half of 2011.


Peter Bance, CEO of Ceres Power, commented: “The successful completion of the Alpha phase is a very significant achievement and we are now investing in the Company's operational capabilities to deliver the residential CHP product in volume. Ceres Power's fuel cell CHP product has the potential to make a material contribution to the development of a low carbon economy and help the UK meet its climate change targets.”

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