Ceres Power Awarded 2005 Gold Medal Fuel Cell Honor

May 12, 2005 by Jeff Shepard

Ceres Power Ltd. (Bristol, UK), a developer of fuel cell products for the distributed power generation market, reported that it won the UK materials industry’s top accolade, the 2005 Gold Medal from the Institute of Materials, Minerals and Mining, in recognition of its contribution to the industrial application of materials.

Developed over a period of more than 15 years, Ceres’ patented technology allows its fuel cell to be manufactured cheaply using low-cost materials and established mass-production techniques. The award-winning manufacturing process means the cell’s ceramic layers can bond to its stainless steel base and remain intact even at demanding operating temperatures.

Ceres Chief Executive Peter Bance stated, "We are extremely honored to have won this prestigious award. It helps underscore the outstanding progress we have made in commercializing this important green technology, and our leading position in the alternative energy sector. This recognition reinforces other high-profile endorsements we have received from the UK government, blue chip city investors and our multi-national commercial partners."