Bosch boosts stake in SOFC expert Ceres Power to around 18%; possible expansion into SO electrolysis
Green Car Congress
JANUARY 23, 2020
The stake increase is achieved through a subscription by Bosch for new Ceres Power shares, as well as the purchase of further shares from existing shareholders. Its strategy is to commercialize its technology through licensing for mass production with partners, and to use this technology for grid-based and distributed power generation.
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