SFC Power Manager autonomously distributes power to different voltage consumers on board the vehicles and charges batteries in the vehicle.+++SFC Power Manager enables major weights and space savings over conventional vehicle power supplies and battery chargers.+++International defense organization already uses SFC Energy’s EMILY fuel cell in their vehicles.
SFC Energy receives major order for portable JENNY 1200 fuel cells from international defense organization
Portable JENNY 1200 fuel cells deliver reliable, fully automatic off-grid power in multi-day missions. +++ Decisive criterion: Over 80% weight savings for soldiers in the field. +++ Order value exceeds EUR 1 million.
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.
PBF Group receives order for first series of integrated power supply system for high tech laser systems
Modular Power Supply integrates PBF’s High Power Platform Technology in a flexible, scalable system solution. +++ PBF’s semi-standardized High Power Platform again enabled a fast and cost-attractive customization. +++ Order amount of approx. EUR 1.2 million; expected annual order amount from 2020 approx. EUR 2 million.
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.
The Federal Institute for Geosciences and Natural (BGR) uses EFOY Pro fuel cells for ensuring 24/7 off-grid operation. +++ SFC partner Udomi delivers EFOY Pro fuel cells, accessories, fuel cartridges and modules for remote monitoring of the fuel cells. +++ Six months power autonomy without user intervention.
Canadian Oil & Gas producer has ordered remote power packages complete with SCADA technology and EFOY Pro fuel cell. Simark product solution will be used in establishing the customer’s new operations in North Eastern British Columbia. Order amounts to approx.CAD 125,000.
The order is for additional units of EMILY 3000, portable JENNY 600S, and SFC Power Manager 3G. The fuel cell products are used as off-grid power source for additional defense applications in Asia. The total order amount is approx. EUR 1.8 million.
Canadian subsidiary Simark Controls receives CAD 1.2 million follow up order for proprietary Variable Frequency Drive Systems (VFDs)
Oil producer places major follow up order based on the success of Simark’s integrated solutions in their applications. Simark’s VFD systems help the oil producer to significantly reduce costs with unique installation and operation benefits.
Exercise of the convertible bond through HPE Pro Institutional Fund B.V. and two German Family Offices
In December 2017 and January 2018, the conversion right was exercised by HPE PRO Institutional Fund B.V. and two German family offices for a nominal amount of EUR 3,300,000.00.