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SFC Energy wins new major customer with initial order for fully integrated Variable Frequency Drive Systems (VFDs)

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DGAP-News: SFC Energy AG / Key word(s): Incoming Orders
03.05.2021 / 07:30
The issuer is solely responsible for the content of this announcement.

SFC Energy AG - Press release

SFC Energy wins new major customer with initial order for fully integrated Variable Frequency Drive Systems (VFDs)

- Alberta Oil Producer places an initial order for SFC Energy's successful, fully integrated Variable Frequency Drive Systems (VFDs)

- SFC Energy VFD systems help the oil producer to significantly reduce costs with unique installation and operations benefits

- Order is with a volume of more than CAD 2 million

Brunnthal/Munich, Germany, May 3, 2021 - SFC Energy AG (F3C:DE, ISIN: DE0007568578), a leading supplier of hydrogen and methanol fuel cells for stationary and mobile hybrid power solutions, has received an initial order for their fully integrated Variable Frequency Drive systems (VFDs) from an Alberta Oil Producer. The order is for electric submersible pumps (ESPs) in excess of CAD 2 million.

These VFD Systems operate electrical submersible pumps to artificially lift oil from well pads. They significantly reduce installation and operating costs. Additional benefits are improved pump uptimes, optimized pump operation and augmented oil production.

"We are excited to receive this order from a new customer for our Variable Frequency Drive solutions," says Hans Pol, COO of SFC Energy AG. "They appreciate the many advantages our intelligent customized solutions bring them: Increased performance, automated operations, facilitated logistics. With our systems and integration expertise and our clean, innovative product solutions we can perfectly meet the growing demand of oil & gas producers for more operational excellence and environmental friendliness."

More information on SFC Energy's Clean Energy and Clean Power Management solutions at sfc-energy.ca and sfc.com.


About SFC Energy AG
SFC Energy AG is a leading provider of hydrogen and 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 50,000 fuel cells to date. The Company is headquartered in Brunnthal/Munich and operates production facilities in Germany, 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: jens.juettner@sfc.com
Web: sfc.com


SFC IR Contact:
Susan Hoffmeister
Tel. +49 89 125 09 03-33
Email: susan.hoffmeister@sfc.com
Web: sfc.com


03.05.2021 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.dgap.de

Language:

English

Company:

SFC Energy AG

Eugen-Saenger-Ring 7

85649 Brunnthal

Germany

Phone:

+49 (89) 673 592 - 100

Fax:

+49 (89) 673 592 - 169

E-mail:

ir@sfc.com

Internet:

www.sfc.com

ISIN:

DE0007568578

WKN:

756857

Listed:

Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Munich, Stuttgart, Tradegate Exchange

EQS News ID:

1191364


 

End of News

DGAP News Service

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