DGAP-News: SFC Energy AG / Key word(s): Incoming Orders 03.11.2020 / 07:30 The issuer is solely responsible for the content of this announcement.
SFC Energy AG - Press Release
SFC Energy: Simark Controls receives order from Canadian gas production company for EFOY Pro fuel cells to power SCADA system
- Canadian gas field developer deliberately chooses environmentally friendly EFOY Pro fuel cell solution for energy supply
- Simark designs EFOY Pro control cabinet solutions to meet customer requirements
- Order amounts to approx. CAD 250,000
Brunnthal/Munich, Germany, November 03, 2020 - Simark Controls Ltd., a subsidiary of SFC Energy AG (F3C:DE, ISIN: DE0007568578), a leading provider of hybrid fuel cell solutions to the stationary and mobile power generation markets, has received an order for EFOY Pro 500 W fuel cells and associated control cabinets.
The complete solution, precisely tailored to the customer's requirements, will be used at the customer's recently spudded well pad in Central Alberta, Canada. The fuel cells will supply power to the customer's well pad in an off-grid environment. The order amounts to approx. CAD 250,000.
The company is committed to conducting operations in an environmentally responsible manner which is why they have decided to completely eliminate fuel gas from their 2020 multi-well pads and installed the 500W EFOY Fuel Cells as the core of their well pad design.
The client was not confident in the reliability of only a standalone solar solution and wanted to move away from thermoelectric generators (TEG) due to their emissions. EFOY Pro Fuel Cell Solution's reliable and durable energy supply and its environmentally friendly operation were a decisive argument.
Compared to the thermoelectric generators previously used by the customer, EFOY Pro direct methanol fuel cells have numerous advantages. First of all, their electrical efficiency is many times higher, making them not only more powerful but also more environmentally friendly. Direct methanol fuel cells also score points for their high degree of flexibility. They do not require a heat source like TEGs to generate electricity and can therefore be used regardless of location.
"It was important for the customer to find a reliable and at the same time environmentally friendly solution. The EFOY Pro fuel cell combines these characteristics in the best possible way and provides significant cost savings for the customer due to its economical fuel consumption," says Hans Pol, COO of SFC Energy.
About SFC Energy Group SFC Energy AG is a leading provider of hydrogen and direct methanol fuel cells for stationary and mobile hybrid power solutions. With more than 45,000 fuel cells sold worldwide, SFC Energy is a sustainably profitable fuel cell producer. The Company has award-winning products and serves a range of applications in Clean Energy & Mobility, Defense & Security, Oil & Gas and Industry markets. The Company is headquartered in Brunnthal/Munich, Germany, operates production facilities in the Netherlands, Romania, and Canada. SFC Energy AG is listed on the Deutsche Boerse Prime Standard (GSIN: 756857, ISIN: DE0007568578).
About Simark Controls Ltd. Simark Controls Ltd., a company of SFC Energy AG, is a service oriented, value added sales company specializing in custom integrated and manufactured solutions of high-quality instrumentation, automation, energy and power products. Simark provides instrumentation & measurement systems, power components & drives, security & surveillance equipment for the oil & gas industry and mining, forestry & community supply markets. Simark is headquartered in Calgary, Alberta, with sales offices in Edmonton and Grande Prairie, Alberta, Saskatoon, Saskatchewan, Vancouver, British Columbia and Montreal, Quebec.
SFC Press Contact: Jens Jüttner Tel. +49 89 125 09 03-32 Email: pr@sfc.com Web: sfc.com
IR Contact: CROSS ALLIANCE communication GmbH Susan Hoffmeister Tel. +49 89 125 09 03-33 Email: susan.hoffmeister@sfc.com Web: crossalliance.de
03.11.2020 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG. The issuer is solely responsible for the content of this announcement. The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Archive at www.dgap.de
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