SFC ENERGY AG DGAP-News: SFC Energy AG / Key word(s): Incoming Orders SFC Energy wins largest order for EFOY fuel cells in company's history - LiveView Technologies USA orders more than 600 EFOY fuel cells worth approximately USD 4 million 2021-09-09 / 07:30 The issuer is solely responsible for the content of this announcement.
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SFC Energy AG - Press release
SFC Energy wins largest order for EFOY fuel cells in company's history - LiveView Technologies USA orders more than 600 EFOY fuel cells worth approximately USD 4 million
Brunnthal/Munich, Germany, September 09, 2021 - SFC Energy AG (F3C:DE, ISIN: DE0007568578), a leading supplier of hydrogen and methanol fuel cells for stationary and mobile hybrid power solutions, continues to see increasing demand for its environmentally friendly power supply systems. LiveView Technologies (LVT) orders more than 600 EFOY fuel cells for use in mobile surveillance technology. The order volume amounts to approximately USD 4 million, making it the largest order for EFOY fuel cells in SFC Energy's history. The order will be delivered in the next seven quarters.
The EFOY fuel cells provide the green power plant of the LVT Rapid Deployment Trailers. The mobile systems are equipped with camera towers and can be used flexibly in different areas. For example, supermarket chains place the camera systems in their car parks for monitoring and more efficient use of parking spaces. On construction sites, they take over the function of access control. Often, there is no access to the conventional power grid at the location of use. Therefore, the trailer needs a reliable, self-sufficient and clean energy source.
With EFOY fuel cells, SFC Energy provides LVT with customised power generation solutions that make a difference. They supply electricity permanently and efficiently in off-grid areas and operate in an absolutely climate-friendly way. This makes them the perfect solution to replace previously used diesel generators and to make an important contribution to the race-to-zero and decarbonisation of the global economy.
Compared to diesel generators, EFOY fuel cells consume significantly less fuel, operate more efficiently, are quieter and emit no harmful exhaust gases such as nitrogen oxides (NOx), carbon monoxide (CO) or particulate matter. Furthermore, fuel cells by SFC Energy are 95% recyclable. Therefore, the EFOY fuel cell is a sustainable solution in every respect.
"We are very grateful to LVT for the order and are pleased that we were once again able to convince them with our EFOY products. Already in May this year, LVT ordered more than 100 units for their clean rapid deployment trailers. The current follow-up order is a milestone and at the same time a breakthrough for our technology in the USA. For us, the replacement of conventional diesel generators opens up a large market with high growth dynamics, which we will develop with our green power plants," says Dr Peter Podesser, CEO of SFC Energy AG.
"Within a very short time, it became clear that the EFOY fuel cell was the perfect solution for our applications. This gives us the opportunity to operate even more flexibly and independently of solar power. Our customers are absolutely convinced by the solution, which is underlined by our latest order. Together with SFC Energy, we offer decisive added value and make an important contribution to climate protection," says Derek Boggs, Director of Marketing and Demand Generation at LiveView Technologies.
For more information on SFC Energy's Clean Energy and Clean Power Management solutions, visit 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). About LVT LiveView Technologies (LVT) is an enterprise SaaS and Platform-as-a-Service (PaaS) solution for remote live video, safety surveillance, IoT, and analytics gathering, processing, and delivery. LVT is trusted by some of the largest and most well-known organizations in the world to keep their properties safe. For more information visit https:// www.lvt.com. 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 Phone +49 89 125 09 03-33 Email: susan.hoffmeister@sfc.com Web: sfc.com
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2021-09-09 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: 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: 1231909
End of News DGAP News Service
=------------ 1231909 2021-09-09
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(END) Dow Jones Newswires
September 09, 2021 01:30 ET (05:30 GMT)
