Business
Mark Prisk MP opens Ceres Power plant
Mark Prisk MP opens Ceres Power plant.
About this update from Ceres Power Holdings Plc
[{"type":"text","content":"\n \nRNS Number : 2348K Ceres Power Holdings plc 12 July 2011 \n \n\n \n \n \n \n \n12 July 2011\n \nCeres Power Holdings plc\n(\"Ceres\", \"Ceres Power\" or \"the Company\")\n \nMark Prisk MP, Minister of State for Business and Enterprise opens Ceres Power Fuel Cell Manufacturing Facility\n \nCeres Power today welcomed the Minister of State for Business and Enterprise, Mark Prisk MP, to conduct the official opening of its volume fuel cell manufacturing facility in Horsham, Sussex.\n \nCeres Power has created more than 170 highly skilled 'Green Collar' jobs at the manufacturing facility in Horsham and technology centre in Crawley. As part of the Group's plans for a mass market launch of the CHP product in the UK, the manufacturing facility can be expanded to produce up to 30,000 fuel cell CHP products per annum which will create substantial additional skilled jobs in advanced manufacturing engineering and operations and the local supply chain. There are also further opportunities to export significant volumes of the CHP product globally. \n \nCeres Power has completed the first phase of its advanced fuel cell manufacturing facility that produces the Group's unique fuel cell module. The fuel cell module is integrated within a compact wall mounted residential Combined Heat and Power ('CHP') product that replaces a conventional boiler and also generates almost all of a typical home's electricity. The Group has partnered with British Gas to sell, install, service and maintain the CHP product in UK homes, offering households savings of up to 25% of their annual total energy costs and reducing their CO2 emissions. \n \nAs part of the visit, the Minister of State toured the factory seeing fuel cells being manufactured and CHP products being assembled and undergoing lifetime testing in the Group's new test facilities.\n \nMark Prisk MP, Minister of State for Business and Enterprise said: \n \n\"Here in Britain we have a vibrant low carbon environmental goods and services market which is already the sixth largest in the world and worth £112 billion. It is thanks to innovative research and product development by companies such as Ceres Power that we are leading the world with this sort of technology and which will help us realise our ambition to...