• Ceres Power published annual report for 2025 as it shifted from an R&D-led model toward commercial delivery through global manufacturing partners.
• First royalty income was generated as Doosan began mass production of Ceres-designed solid oxide fuel cell stacks in South Korea in July 2025, with initial product sales before year-end.
• Expansion in China advanced via manufacturing license agreement signed with Weichai in November 2025, targeting stationary power markets including AI data centers.
• Hydrogen program reached megawatt-scale output as Shell demonstrator in Bangalore, India produced hydrogen in 2025, with reported electrolyser efficiency of 37 kWh/kg.
• Cost base was reset under business transformation plan launched in September 2025, targeting 20% operating cost savings in 2026.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Ceres Power Holdings plc published the original content used to generate this news brief on April 14, 2026, and is solely responsible for the information contained therein.