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27 Apr 2023

SFC Energy AG strengthens North American business and opens competence centers for Hydrogen Fuel Cells in Calgary and Toronto, Canada

• Hydrogen Competence centers strengthen market position and will accelerate application based Research & Development (R&D) for the North American market • Access to significant market potential, new customer groups and attractive government incentive schemes

Brunnthal/Munich, Germany, April 27, 2023 – SFC Energy AG (F3C:DE, ISIN: DE0007568578), a leading supplier of hydrogen and methanol fuel cells for stationary and mobile hybrid power solutions, has opened two competence centers for hydrogen fuel cell technology in Calgary and Toronto. Product demonstration and testing capabilities as well as Application Engineering expertise will accelerate application-based R&D and bring together customers and Hydrogen experts in a modern space. The new location in Toronto will serve as a sales and service centre to further enhance SFC’s presence in Eastern Canada and the industrial base of Ontario. Together with its long-term partner Schneider Electric, SFC is also offering their entire Automation and Instrumentation product range to customers.

Canada has a long tradition in hydrogen (fuel cell) technology and is a leader in this field. In addition, the Canadian government recently announced a massive incentive program of CAD 80 billion in tax credits for clean technology over the next decade, including CAD 25 billion for investments in clean electricity. Companies find a very attractive environment there, combining a strong hydrogen technology base with customers open to innovation and clear government support for the energy transition. This combination has prompted SFC Energy to open a center of competence in the Canadian province of Ontario, in addition to its headquarters in Calgary.

“For SFC Energy, Canada has been a home market for decades. As a technology pioneer together with a loyal and long-term customer base in Energy, Mining and other Industrial sectors, we have established fuel cells as a new industrial standard for sustainable energy generation enabling energy transition. Here we find both customers who are open to innovation and the energy transition, a long tradition in hydrogen and fuel cell technology, and governments at all levels (federal and provincial) who support it. With our new presence in Toronto, we are strengthening our partnership with Schneider Electric in the industrial markets, addressing new customer groups for our hydrogen products for example in Telecom, and strengthening our North American business overall,” says Dr. Peter Podesser, CEO of SFC Energy AG.

Interested parties can learn more about SFC Energy and the newly opened competence centres at SFC Energy’s booth at the Canadian Hydrogen Convention (CHC), which is taking place in Edmonton/Alberta until today, April 27.

For more information on SFC Energy’s Clean Energy and Clean Power Management solutions, visit www.sfc.com.

About SFC Energy AG

SFC Energy AG (www.sfc.com) is a leading provider of hydrogen and direct methanol fuel cells for stationary and mobile hybrid power solutions. With the Clean Energy and Clean Power Management business segments, SFC Energy is a sustainably profitable fuel cell producer. The Company distributes its award-winning products worldwide and has sold more than 60,000 fuel cells to date. The Company is headquartered in Brunnthal/Munich, Germany, operates production facilities in the Netherlands, Romania, Canada and India. SFC Energy AG is listed on the Deutsche Boerse Prime Standard and has been part of the selection index SDAX since 2022 (GSIN: 756857 ISIN: DE0007568578).

SFC Contact

Marc Bächle
Tel: +49 89 125 09 03-32
Email: [email protected]
Web: sfc.com

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