SFC Energy and Beijing Green Century Technologies sign business partnership agreement for EFOY Pro fuel cells in China

DGAP-News: SFC Energy AG / Key word(s): Alliance

24.04.2018 / 07:30
The issuer is solely responsible for the content of this announcement.

SFC Energy AG - Press Release

SFC Energy and Beijing Green Century Technologies sign business partnership agreement for EFOY Pro fuel cells in China

- Beijing Green Century Technology Co., Ltd. (Green Century) sells the EFOY Pro fuel cell as energy solution in off-grid and mobile application to their customers.

- Green Century is trained and certified by SFC Energy to install and service the fuel cells in their applications.

Brunnthal/Munich, Germany, April 24, 2018 - SFC Energy AG (F3C:DE, ISIN: DE0007568578), a leading provider of hybrid power solutions to the stationary and mobile power generation markets, has signed a business partnership agreement with Beijing Green Century Technology Co., Ltd. (Green Century), China. In the context of the agreement, Green Century will sell and service SFC Energy's EFOY Pro fuel cells as reliable off-grid power sources for powering industrial off-grid equipment in China.

Green Century will introduce the EFOY Pro fuel cells to their industrial customers in renewable energy applications, like solar PV and wind power, in telecommunication, railway, and automation and in other specialized industries. Another area of growing importance in Asia is the new energy vehicle sector. To ensure ultimate efficiency and optimum service quality, Green Century engineers have been trained and qualified by SFC Energy experts in fuel cell installation and service.

"The EFOY Pro fuel cell is an ideal addition to our portfolio of customized electronic and energy solutions," says Jack Ji, CEO of Green Century. "Smart, environmentally-friendly and yet reliable off-grid power is a tremendously important issue here in China. The fuel cell delivers autonomous, weather-independent power on demand, it is easy to transport, silent, virtually non-detectable, it can be hybridized with many other alternative power generators, and the fuel logistics are much easier than for Diesel generators. This is exactly what our customers need. We see a big potential for this technology in our markets."

"With Green Century as our partner we expect to further grow our customer base in Asia," says Dr. Peter Podesser, CEO of SFC Energy. "We see a strong interest here for our hybrid fuel cell power solutions in many areas, where reliable off-grid power is of utmost importance, for example in security & surveillance, telecommunication, early warning and emergency resources and many more."

Additional information on the SFC Energy's off grid power portfolio for defense, security & safety, oil & gas, wind, traffic management, environmental and telecommunications applications at www.sfc.com.

About Beijing Green Century Technologies
Beijing Green Century Technologies is an established market-leading provider of value-added EMC, power and other high-quality electronic component solutions for wind power, solar power, new energy vehicle & car, telecommunications, railway and other specialized industries. The Company serves over 4.000 customers in China, among them many large international brands.

About SFC Energy Group
SFC Energy AG is a leading provider of hybrid solutions to the stationary and portable power generation markets. SFC is the number one supplier of fuel cells, with over 39,000 fuel cells sold to date. The Company has award-winning products and serves a range of applications in the Oil and Gas, Security and Industry, and Consumer 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).

SFC Press Contact:
Ulrike Schramm
SFC Energy AG
Eugen-Saenger-Ring 7
D-85649 Brunnthal
Tel. +49 89 673 592-377
Fax. +49 89 673 592-169
Email: [email protected]

24.04.2018 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG.
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