18.10.2016
SFC Energy AG DE0007568578
DGAP-News: SFC Energy signs Partner Agreement with FC TecNrgy Pvt Ltd for Indian Defense and Industry Markets
DGAP-News: SFC Energy AG / Key word(s): Agreement
SFC Energy signs Partner Agreement with FC TecNrgy Pvt Ltd for Indian
Defense and Industry Markets
18.10.2016 / 07:30
The issuer is solely responsible for the content of this announcement.
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SFC Energy AG - Press Release
SFC Energy signs Partner Agreement with FC TecNrgy Pvt Ltd for Indian
Defense and Industry Markets
- FC TecNrgy will market and sell SFC Energy's defense and industry
portfolio of off-grid power sources to the Indian defense, homeland
security, and oil & gas markets.
- Both partners see a vast potential for SFC Energy's reliable off-grid
power products in the fast developing Indian defense and industry
markets.
- First defense and industry field tests successfully completed.
Brunnthal/Munich, Germany, October 18, 2016 - SFC Energy, a leading
provider of hybrid power solutions to the stationary and mobile power
generation markets, announces signature of a Partner Agreement with FC
TecNrgy Pvt Ltd, Haryana, India, to promote marketing and sales of SFC
Energy's fuel cell products to the Indian defense, homeland security, and
oil & gas markets.
Many Indian defense and homeland security forces operate in remote and off-
grid locations, where an uninterrupted, reliable supply of power is a major
logistic challenge. Another industry relying heavily on ultra reliable off-
grid power is oil & gas. Here power is needed for the safe operation and
surveillance of wells, pipelines and production sites at remote locations.
In the past, these industries had to depend on generators and large, heavy
battery banks. In the climatic conditions of India, solar modules alone
cannot reliably operate power off-grid applications.
"There is an urgent need in India for alternative technologies that will
reliably work in any weather and season, feature easy installation and
logistics, and can be hybridized with other power sources", says Karandeep
Singh, Managing Director of FC TecNrgy Pvt Ltd. "SFC Energy's DMFC
performed well in our tests in the most difficult and challenging climatic
conditions, e.g. at extremely high altitudes up to 16,500 feet and in
extremely low temperatures. After one year of consistently marketing,
demonstrating and validating this technology in Indian conditions we can
now offer our customers in India a reliable, environmentally friendly,
highly flexible power source that will bring them major operational
advantages and huge savings in fuel & related fuel logistics. We see a huge
potential for this technology here."
"We see a growing demand for our market leading portfolio of off-grid power
solutions in India, as more and more industrial applications are being used
away from the grid", says Dr. Peter Podesser, CEO of SFC Energy AG. "Our
fuel cells also serve as back-up power sources in grid-based applications
to reliably power industrial and defense instrument and system in those
times, when the public grid is down. We selected FC TecNrgy Pvt Ltd as our
partner because of their excellent expertise and market knowledge and their
in-depth technical know-how and capabilities. They have an excellent
network of defense and industry customers."
SFC fuel cells can be hybridized with other power sources and integrated
into weatherproof cabinets as a robust off-grid and back-up power source
for industrial applications in the most demanding environmental scenarios.
They are fully automatic, maintenance free, remote-controlled, with almost
zero noise and thermal emissions, and will reliably operate in the wide
temperature range of different climate regions in India and up to very high
mountain altitudes.
Additional information on the SFC Energy's off grid power portfolio for
defense, security & safety, oil & gas, wind, traffic management,
environmental and telecommunications applications at www.sfc-defense.com,
www.efoy-pro.com and at www.sfc.com.
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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18.10.2016 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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