Delta Electronics, Inc. (hereinafter referred to as “Delta”), a global leader in power and thermal management and provider of IoT-based Smart Green Solutions, today announced the signing of a long-term collaboration agreement, which includes technology transfer and licensing, with Ceres Power Limited, subsidiary of London Stock Exchange-listed Ceres Power Holdings plc (hereinafter referred to as “Ceres”) to access Ceres’ Hydrogen energy stack technology portfolio for approx. GBP43 million. Ceres is a global leader in solid oxide fuel cell and electrochemical technology.

Through this partnership, Delta expects to integrate Ceres’ energy stack technology with its own industry-leading power electronics and thermal management technologies to develop solid oxide fuel cell (SOFC) and solid oxide electrolysis cell (SOEC) systems for hydrogen energy applications, with production expected to start by the end of 2026, with strong ambition for future scale-up. These SOFC and SOEC systems are expected to enhance the capabilities of Delta’s green solutions for a myriad of sectors, such as, chemicals, energy, transportation, steel and more.