Tech giant Ceres Power may wind down as it fails to secure funding

Ceres, which cancelled trials on its first-generation wall-mountable micro generator in March, said it was also considering a sale of the business or a cancellation of its listing.

The company's combined heat and power unit was supposed to generate all the heating and hot water and most of the electricity needed for a typical UK household, but its launch has been repeatedly delayed because of durability and reliability issues.

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