SFC Energy wins new major customer with first order for fully integrated frequency converters (VFDs)

Canadian oil company places first order for fully integrated variable frequency drives (VFDs). +++ SFC Energy’s VFD systems help customers to significantly reduce costs through installation and operational benefits. +++The order has 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 a first order from an oil company in Alberta for fully integrated frequency converters (VFDs). The order has a volume of more than CAD 2 million.

The VFD systems are used in electric pumps for oil production. They significantly reduce installation and operating costs. Other benefits include more efficient pump run times, optimized pump operation and increased oil production.

“We are very pleased to receive this order from our new customer for our frequency converter solutions”, says Hans Pol, COO of SFC Energy AG. “Our customer appreciates the numerous benefits that our smart, customized solutions bring: higher performance, automated operations, improved logistics. With our systems and integration expertise and our clean, innovative product solutions, we can perfectly serve oil and gas producers’ growing demand for greater operational excellence and environmental friendliness.”

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

About SFC Energy AG

SFC Energy AG(www.sfc.com) is a leading supplier of hydrogen and methanol fuel cells for stationary and mobile hybrid power solutions. With its Clean Energy and Clean Power Management business segments, SFC Energy AG is a sustainably profitable fuel cell producer. The company sells its award-winning products worldwide and has sold more than 50,000 fuel cells to date. Headquartered in Brunnthal near Munich, Germany, the company operates production sites in the Netherlands, Romania and Canada. SFC Energy AG is listed in the Prime Standard of the German Stock Exchange (WKN: 756857 ISIN: DE0007568578).