Ceres Power shares soar on China data centre power deal

Core Viewpoint - Ceres Power experienced a significant stock surge of over 23% following the announcement of a licensing deal with its largest Chinese shareholder aimed at powering data centers [1] Company Summary - Ceres Power is a British clean-energy technology developer that focuses on innovative solutions for energy generation [1] - The licensing deal is expected to enhance the company's capabilities in the data center sector, which is increasingly reliant on sustainable energy solutions [1] Industry Summary - The clean energy sector is witnessing growing interest and investment, particularly in technologies that support data centers, which are critical for digital infrastructure [1] - Partnerships between Western clean energy firms and Chinese stakeholders are becoming more common as both regions seek to advance their energy transition goals [1]