Business
British Gas sign off Alpha mi
British Gas sign off Alpha mi.
About this update from Ceres Power Holdings Plc
[{"type":"text","content":"\n RNS Number : 7577S Ceres Power Holdings plc 26 May 2009 \n \n \n\n\n26 May 2009 \n \nCeres Power Holdings plc\n('Ceres Power', 'Ceres' or the 'Company')\n\nBritish Gas confirms Alpha CHP product testing successfully completed\n\nCeres Power announces the successful design, build and testing of 1kW grid-connected Combined Heat and Power ('CHP') products meeting all of the deliverables under the Alpha phase of the CHP programme in conjunction with British Gas. This important milestone has been achieved within the timescale set out in the roadmap presented at Ceres Power's CHP update with British Gas on 24th June 2008.\n \nThe grid-connected 1kW CHP products were tested on mains natural gas under representative residential operating conditions, meeting most of a typical home's electricity requirements as well as exporting and importing power to and from the grid as required. The Ceres CHP product integrates the Company's 1kW Fuel Cell Module with all of the ancillary boiler components into a single unit meeting all of the home's hot water and central heating requirements, thereby avoiding the need for a separate boiler. The wall-mountable CHP product uses the same natural gas, water and electricity connections as existing boilers and has been designed for ease of installation, service and maintenance. \nDuring the trialling conducted in the Alpha phase, key tests were witnessed and data verified by British Gas and an independent third party gas appliance testing company appointed by British Gas. All of the Alpha CHP product requirements including performance, size, weight and regulatory compliance were successfully achieved. British Gas has issued an acceptance certificate that triggers the £2m Alpha milestone payment to be paid to Ceres.\n\nThe Company has already commenced the design and procurement activities of the Beta phase of the CHP programme to produce Beta CHP units for in-field trials, incorporating refinements arising from t...