IP Group says Ceres Power and Doosan sign £8m collaboration agreement to develop power systems for Korean market
IP Group says Ceres Power and Doosan sign £8m collaboration agreement to develop power systems for Korean market. 15 July 2019 | 07:59am. StockMarketWire.com - IP Group said portfolio company Ceres Power and Doosan signed £8m collaboration and licensing agreement over two years to jointly develop power systems initially targeted at the Korean commercial building market. The agreement included licencing, technology transfer and engineering services. Doosan would take a system-level licence of Ceres' proprietary SteelCell solid oxide fuel cell technology to develop a low carbon 5-20kW power system. IP Group currently held an 18.8% in Ceres. Story provided by StockMarketWire.com. LATEST STOCK MARKET NEWS AND OFFERS. Get the latest stock market and investment news, market wraps, promotions and more! Latest share price and company details:. Ceres Power Holdings (CWR) Share Price. 183.50p +2.50p ( +1.38 %) delayed: 16:46PM. Price delayed by 15 minutes. IP Group (IPO) Share Price. 71.10p -1.90p ( -2.60 %) delayed: 16:36PM. Price delayed by 15 minutes.