SFC Energy AG - Press Release
SFC Energy: Simark Controls receives EFOY Pro fuel cell order from major Canadian oil & gas services provider
- New customer uses the weatherproof EFOY Pro hybrid solutions for powering off-grid actuator valves on liquids pipelines in Canada.
- Fuel cells ensure autonomous 24/7 operation of the systems while significantly reducing logistics and service cost.
- Environmental friendliness of the power solution was a strong decision criterion.
- Total order amount: CAD 0.4 million.
Brunnthal/Munich, Germany, June 19, 2018 - Simark Controls Ltd., a subsidiary of SFC Energy (F3C:DE, ISIN: DE0007568578), leading provider of hybrid power solutions to the stationary and mobile power generation markets, has received an EFOY Pro fuel cell order from a new major customer in Canada: The oil and gas services provider uses the fuel cells hybridized with solar modules in a weatherproof EFOY ProCabinet to reliably power of off-grid actuator valves on liquid pipelines. The order amounts to approx. CAD 0.4 million.
In the past, the provider used standalone solar modules or thermoelectric generators (TEGs). Both technologies have serious disadvantages in cold Canadian temperatures and harsh weather conditions, causing danger of power interruptions and system downtime. Simark's hybridized fuel cell/solar power systems eliminate these reliability issues with a robust, fully integrated solution for dependable 24/7 asset operation regardless of weather conditions.
"The customer tested many systems and chose our EFOY hybrid solution based on their decision criteria being heavily weighted to absolute power dependability and performance," says Derek L'Hirondelle, Vice President of Process Automation & Energy at Simark. "Their fuel consumption is significantly lower; fuel cells utilize significantly less fuel vs. what a propane TEG requires in the same time. This saves fuel costs and expensive trips to remote and difficult to access locations. The customer also appreciates the very small carbon footprint of our systems: They feature a massive reduction in CO2 equivalent emissions over the TEG solution."
"Long system autonomy is a major USP of our fuel cell solutions," says Dr. Peter Podesser, CEO of SFC Energy. "Over the last year we have been able to win major orders from several new oil and gas customers, because no other technology can match the reliability of our systems in harsh weather conditions. We also see a growing awareness for environmentally friendly solutions in the industry. With our advanced energy, instrumentation, and automation product portfolio we are in an excellent position for growth."
Simark delivers the EFOY Pro fuel cell in a variety of fully integrated plug & play hybrid solutions, engineered to customer specifications. Top sellers in the Simark portfolio are customized EFOY ProCabinets for stand-alone operation of remote SCADA, wellhead or telecommunication tower equipment, and mobile EFOY ProTrailers for security, surveillance and public events applications.
Additional information on SFC Energy's off-grid power portfolio for security & safety, oil & gas, wind, traffic management, environmental and telecommunications applications at www.sfc-defense.com, www.efoy-pro.com and www.sfc.com. Additional information on Simark Controls at www.simark.com.
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. The Company is headquartered in Calgary, Alberta, with sales offices in Edmonton and Grand Prairie, Alberta, Saskatoon, Saskatchewan, Vancouver, British Columbia and Montreal, Quebec.
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 40,000 fuel cells sold to date. The Company has award-winning products and serves a range of applications in the Oil & Gas, Security & 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:
SFC Energy AG
Tel. +49 89 673 592-377
Fax. +49 89 673 592-169
Email: [email protected]m
19.06.2018 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