14.02.2017
SFC Energy AG DE0007568578
DGAP-News: SFC Energy AG: SFC Energy: EFOY Pro fuel cell business of Canadian subsidiary Simark Controls continues with strong growth in 2016 over previous year
DGAP-News: SFC Energy AG / Key word(s): Miscellaneous
SFC Energy AG: SFC Energy: EFOY Pro fuel cell business of Canadian
subsidiary Simark Controls continues with strong growth in 2016 over
previous year
14.02.2017 / 07:30
The issuer is solely responsible for the content of this announcement.
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SFC Energy AG - Press Release
SFC Energy: EFOY Pro fuel cell business of Canadian subsidiary Simark
Controls continues with strong growth in 2016 over previous year
- EFOY Pro sales grew by 40 % in 2016, due to their unique value as
autonomous, reliable, flexible and easy to use power supply for off-
grid applications.
- Increasing share of major orders from large Canadian Oil & Gas and
Telecommunication customers for Simark's fully integrated power
solutions with EFOY Pro fuel cells.
- Simark expects continued growth in Canada and the U.S. in 2017 and
beyond
Brunnthal/Munich, Germany, February 14, 2017 - Simark Controls Ltd., a
subsidiary of SFC Energy, leading provider of hybrid power solutions to the
stationary and mobile power generation markets, has achieved a major sales
increase in 2016. 2016 sales of EFOY Pro fuel cells grew by 40 percent over
2015, to CAD 1.9 million.
"The growing demand for our high quality, integrated and manufactured EFOY
Pro Hybrid off-grid power solutions over the past year is due to the
significant value they bring to the operators of off-grid SCADA,
measurement & instrumentation, RF communications, surveillance and other
mission critical assets" explains Derek L'Hirondelle, Vice President of
Instrumentation, Automation & Energy at Simark Controls. "We also benefit
from the strong trend in many industries towards ecologically responsible
solutions with a reduced carbon footprint. EFOY Pro fuel cells produce no
harmful emissions, their fuel is a simple, environmentally friendly
alcohol, they operate silently and fully automatically and can be remote
monitored and controlled. All this combines to make them an ideal, clean
and reliable remote off-grid power source."
In the past, equipment operated away from the grid had to be powered by
standalone solar modules or by thermoelectric generators (TEGs). Both
technologies have serious disadvantages in cold temperatures and harsh
weather conditions which can result in power interruptions and system
downtime. Hybridization of Solar with EFOY Pro fuel cells eliminates these
reliability issues and provides a robust and streamlined solution, ensuring
dependable 24/7 operation of assets through dark winter months regardless
of weather conditions.
Simark delivers the EFOY Pro in a variety of fully integrated plug & play
hybrid solutions engineered to customer specifications. Top sellers in the
Simark portfolio are customized EFOY Pro Cabinets for stand-alone operation
of remote SCADA, wellhead or telecommunication tower equipment, and mobile
EFOY Pro Trailers for security, surveillance and public events
applications.
"We have seen several major Oil & Gas and remote telecommunication
companies place large EFOY Pro Hybrid solution orders with Simark over the
past months and we expect this trend to continue", says Dr. Peter Podesser,
CEO of SFC Energy. "This performance confirms, despite the challenging
business environment, the demand for our core products in the oil and gas
industry and thus our strategy to enter this market. The business is
expanding both geographically and across different market segments. Orders
from Simark's U.S. distribution partners have picked up in addition to
expanding into powering pipeline riser applications and other types of
critical off-grid oil & oas and telecommunication equipment across North
America."
Additional information on SFC Energy's off grid power portfolio for
security & safety, oil & gas, wind, traffic management, environmental and
telecommunications applications at www.efoy-pro.com and at www.sfc.com.
Additional information on the full oil & gas and industry product portfolio
of Simark at www.simark.com.
About Simark Controls Ltd.
Simark Controls Ltd. (www.simark.com), a company of SFC Energy AG, is a
service oriented, value added sales company specializing in custom
integrated and manufactured solutions of high quality instrumentation,
automation, energy and power products. Simark provides instrumentation &
measurement systems, power components & drives, security & surveillance
equipment for the oil & gas industry and mining, forestry & community
supply markets. The Company is headquartered in Calgary, Alberta, with
sales offices in Edmonton and Grand Prairie, Alberta, Saskatoon,
Saskatchewan, Vancouver, British Columbia and Montreal, Quebec.
About SFC Energy Group
SFC Energy AG (www.sfc.com) is a leading provider of hybrid solutions to
the stationary and portable power generation markets. SFC is the number one
supplier of fuel cells, with over 35,000 fuel cells sold to date. The
Company has award-winning products and serves a range of applications in
the Oil & Gas, Security & Industry and Consumer markets. The Company is
headquartered in Brunnthal/Munich, Germany, operates production facilities
in the Netherlands, Romania, and Canada, and sales offices in the U.S and
Canada. SFC Energy AG is listed on the Deutsche Boerse Prime Standard (WKN:
756857 ISIN: DE0007568578).
SFC Press Contact:
Ulrike Schramm
SFC Energy AG
Eugen-Sänger-Ring 7
D-85649 Brunnthal
Tel. +49 89 673 592-377
Fax. +49 89 673 592-169
Email: [email protected]
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14.02.2017 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
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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: [email protected]
Internet: www.sfc.com
ISIN: DE0007568578
WKN: 756857
Listed: Regulated Market in Frankfurt (Prime Standard); Regulated
Unofficial Market in Berlin, Dusseldorf, Munich,
Stuttgart, Tradegate Exchange
End of News DGAP News Service
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