SFC Energy completes installation of 24 hybrid microgrids based on EFOY Pro 12000 Duo Fuel Cells (500 W) together with Indian Partner FC TecNrgy Pvt Ltd. in remote North Eastern Areas

DGAP-News: SFC Energy AG / Key word(s): Miscellaneous
16.03.2021 / 07:30
The issuer is solely responsible for the content of this announcement.

SFC Energy AG - Press Release

SFC Energy completes installation of 24 hybrid microgrids based on EFOY Pro 12000 Duo Fuel Cells (500 W) together with Indian Partner FC TecNrgy Pvt Ltd. in remote North Eastern Areas

Brunnthal/Munich, Germany, March 16, 2021 - SFC Energy AG (F3C:DE, ISIN: DE0007568578), a leading supplier of hydrogen and direct methanol fuel cells for stationary and mobile hybrid power solutions, has successfully completed the delivery and installation of an order for EFOY Pro 12000 Duo fuel cells (500 W) for remote sites in across four North Eastern Indian States. The order became revenue effective in 2020.

As part of the order, SFC Energy delivered 48 EFOY Pro 12000 Duo fuel cell systems through its partner FC TecNrgy Pvt Ltd. These Microgrid Solutions have been installed at remote off-grid sites. Each system consists of two EFOY Pro 12000 Duo fuel cells with a total output power of 1,000 Watts, a solar panel of 5,000 Watts along with a Li Ion Battery Bank and Intelligent Energy Management module, and the AC supply being provided through a Hybrid 230 Volt AC inverter. The end users are a small cluster of habitat housing a total of about 50 people. This solution ensures adequate lighting, ventilation, mobile phone charging, running of TVs, and other end devices.

Such applications for remote areas and off-grid sites like the north eastern corner of India are tailor-made for exploiting the fuel cell technology to its full potential. The region is characterized by imponderable territory and highly adverse weather conditions, low temperatures, heavy rainfall for long durations, and poor connectivity. The nature of methanol as a fuel that is used in other applications as an antifreeze agent makes it the perfect fuel for this kind of environment. This and the very low fuel consumption of the SFC fuel cells are significant logistical advantages for the resupply over conventional diesel generators.

The fuel cells require less than one liter of fuel per hour. On an average, these units are operated not more than six hours per day unless there is a bad weather spell that prohibits solar power harvesting. This simplifies logistics and significantly reduces the need to stockpile fuel compared to diesel generators.

Compared to conventional generators, EFOY fuel cells offer numerous additional advantages that meet the most stringent requirements. At the same time, fuel cells are quieter in operation and produce less waste heat. The lower noise emission and thermal signature are clear advantages for users in the field. The EFOY fuel cells do not emit environmentally harmful emissions such as nitrogen oxides (NOx), carbon monoxide (CO), or particulates. They supply power to all terminal equipment reliably and in an environmentally friendly manner. This makes them the perfect energy supply solution to be installed close to living and rest areas since they do not cause the continuous noise of conventional generators.

"SFC fuel cells show superior performance especially in remote regions away from the conventional power grid. Especially in comparison to diesel generators, they show their full potential. This initial serial field installation of this kind in India is an important step for us and our partner. We see great growth potential in India and all over the world, which we intend to tap with our innovative and approved fuel cell solutions," says Dr. Peter Podesser, CEO of SFC Energy AG.

"Fuel cells are becoming increasingly sought after by Indian customers especially the Government departments in India due to their high reliability, low maintenance, and massive logistical advantages especially where conventional forms of energy cannot be relied upon. We see a very bright future for SFC Fuel Cells in India where we are also adding the SFC Hydrogen Fuel Cells to our portfolio," says Karandeep Singh, Managing Director of FC TecNrgy Pvt Ltd.

For more information on the new EFOY Pro generation, please visit: www.efoy-pro.com.

More information on SFC Energy's off-grid power solutions for Clean Energy & Mobility, Defense & Security, Oil & Gas, and Industry at sfc.com.

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 around 50,000 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).

SFC Press Contact:
Jens Jüttner
Tel. +49 89 125 09 03-32
Email: [email protected]
Web: sfc.com

SFC IR Contact:
CROSS ALLIANCE communication GmbH
Susan Hoffmeister
Tel. +49 89 125 09 03-33
Email: [email protected]
Web: crossalliance.de



16.03.2021 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG.
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