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.
SFC Energy receives another German Bundeswehr defense order, for vehicle-based and stationary power supplies
SFC Energy AG announces receipt of an order of the Bundeswehr’s Federal Office for Equipment, Information Technologies and Usage (BAAINBw) for supplying off-grid power to devices on board of defense vehicles and to soldiers in the field.
Details on major order of the Bundeswehr’s Federal Office for Equipment, Information Technologies and Usage (BAAINBw), total order amount of EUR 3.6 million, received December 12, 2017
Simark Controls Ltd., a subsidiary of SFC Energy, has received a new EFOY Pro fuel cell order from a new major energy customer: The Canadian oil & gas producer will use the fuel cells to power their off-grid control and monitoring equipment throughout Canada. The order amounts to approx. CAD 0,4 million.
2017 Outlook: Management Board confirms the revenue forecast of €50 million to €55 million with profitability significantly improved over the prior year