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An Interview with Phil Caldwell, Ceres Power

image credit: Image Credit: Image of  Phil Caldwell, Ceres Power
David Hunt's picture
CEO & Founder, Hyperion Executive Search Ltd

David Hunt is a prominent figure and thought leader in the cleantech sector. Hailed as a leading green entrepreneur by the Financial Times, David also presents at industry events such as...

  • Member since 2018
  • 73 items added with 102,193 views
  • Nov 3, 2020

What’s it all about?

Hydrogen vs Batteries!!  Not at all. We’re (Clean) technology agnostic here. The challenges of climate change and biodiversity loss are enormous, and we need all the tools in the armoury to stand a chance. That said, it’s important we use the right tool for the right job, and that’s something I discuss with Phil Caldwell, CEO of Ceres Power, what is the best use case for fuel cells and hydrogen. We touch on the different challenges and advantages of leading a listed company, and the critical importance of talent. 

About Phil Caldwell: 

Phil Caldwell was appointed Chief Executive of Ceres Power in September 2013. Under his leadership Ceres has grown into a world-class clean energy technology  business addressing climate change and air quality.  Ceres has grown from £50 million to more than £1 billion market capitalisation creating over 300 engineering and technology jobs in the UK. 

Phil has been instrumental in positioning Ceres as an asset-light licensing business; establishing partnerships with significant global engineering and technology players, such as Bosch in Germany, Weichai in China and Doosan in South Korea, using its proprietary Solid Oxide fuel cell technology which can use existing fuels such as natural gas, biofuels and also pure hydrogen to meet the urgency for low carbon power systems in industry, data centres, transportation and everyday living. Alongside its core fuel cell power applications Ceres is also developing Solid Oxide Electrolysers to produce high efficiency green hydrogen as a potential pathway to decarbonise industrial processes. 

Phil has worked in the fuel cell industry for 17 years. He started his career in the Electrochemical Technology Business within ICI. He has a Master’s degree in Chemical Engineering from Imperial College and an MBA from IESE Barcelona. Prior to joining Ceres he was Commercial Director at Intelligent Energy developing PEM fuel cells for mainly automotive applications. 

About Ceres Power:

Ceres Power is a world-leading developer of next generation solid oxide fuel cell (SOFC) and electrochemical technology. Its asset-light, licensing model has seen it establish partnerships with some of the world’s largest engineering and technology companies, such as Weichai in China, Bosch in Germany, Miura in Japan, and Doosan in South Korea, to develop systems and products that address climate change and air quality challenges for transportation, industry, data centres and everyday living.  Ceres is listed on the AIM market of the London Stock Exchange (“LSE”) (AIM: CWR) and is classified by the LSE Green Economy Mark, which recognises listed companies that derive more than 50% of their activity from the green economy. 

Image Credit: Image of  Phil Caldwell, Ceres Power


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