A development engineer observes measurement data of a fuel cell system in the laboratory of a company in Germany. (picture alliance/dpa)
The Bosch technology group is increasing its stake in the British company Ceres Power and intends to push ahead with the development of stationary fuel cell systems, for example for operating electric charging stations. Bosch announced on Wednesday that it had increased its share in the fuel cell specialist from 3.9 to 18 percent and invested another 90 million euros in the company.
The so-called solid oxide fuel cell is to be used to provide a networked, decentralized energy supply to factories, computer centers or electric vehicle charging stations, for example. Ceres Power has developed the technology for this and now, with Bosch as a partner, it is hoping to establish production on a larger scale.
The two companies joined forces in August 2018. According to its previous statements, Bosch already began a small-series production of the first fuel cell systems last fall. The company now says that in the future it may also consider large-scale production of these stationary systems. A company spokesman would not give any details about the exact scope of the project upon request.
In a fuel cell, a fuel - usually hydrogen, but it can be another one - reacts with oxygen, releasing electrical energy. The principle is often mentioned as a possible engine system for cars in the future, but so far it has not really been able to establish itself.
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