Simark Controls receives new CAD 1.1 million follow-up order for integrated Variable Frequency Drive Systems (VFDs)

Following a first big VFD follow-up order in February, Canadian oil producer places another major order for more of the same Simark systems, 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.

Brunnthal/Munich, Germany, August 30, 2018 – Simark Controls Ltd., a subsidiary of SFC Energy (F3C: DE0007568578), leading provider of hybrid power solutions to the stationary and mobile power generation markets, has received a new follow up order for fully integrated Variable Frequency Drive systems (VFDs) from an existing customer in the Alberta oil sands. The orders amount to approx. CAD 1.1 million.

VFD Systems operate electric submersible pumps (ESPs) used to artificially lift heavy oil from well-pads. The VFDs significantly reduce installation and operating costs. Additional benefits are improved pump uptimes, optimized pump operation and augmented oil production.

“We are excited to continue working with our key customers to help improve performance and drive down costs,” says Mark Vandenbrink, Vice-President Drives & Motor Control of Simark Controls. “Our systems are designed and built to the specific requirements of the end-user.”

Additional information on SFC Energy’s off-grid power portfolio for oil & gas, clean energy & mobility, industry and security & safety at www.sfc.com. Additional information on Simark Controls at www.simarkcontrols.com.

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About SFC Energy AG

SFC Energy AG (www.sfc.com) is a leading provider of hydrogen and direct methanol fuel cells for stationary, portable 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 65,000 fuel cells to date. The Company is headquartered in Brunnthal/Munich, Germany, and has operating subsidiaries in Canada, India, the Netherlands, Romania, the United Kingdom, and the United States of America. 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:
Web: sfc.com

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