SFC Energy AG receives first order from Saudi Arabia for fuel cells for 100 public safety monitoring systems
|
EQS-News: SFC Energy AG
/ Key word(s): Incoming Orders
SFC Energy AG receives first order from Saudi Arabia for fuel cells for 100 public safety monitoring systems Brunnthal/Munich, Germany, 5 March 2025 – SFC Energy AG (“SFC”, F3C:DE, ISIN: DE0007568578), a leading provider of hydrogen and methanol fuel cells for stationary, portable and mobile hybrid power solutions, has received its first order from Saudi Arabia. RESTART Limited Company (“RESTART”), which specialises in construction and infrastructure solutions, has ordered EFOY Pro methanol fuel cells and accessories. This is the first time that SFC Energy delivers its solutions to the Kingdom of Saudi Arabia. The contract will contribute to both revenue and earnings in the financial year 2025. RESTART will use SFC's fuel cell technology for Closed Circuit Television (CCTV) and other public safety monitoring systems. The EFOY fuel cells and associated accessories will provide the user with self-sufficient power for mobile and stationary CCTV and other surveillance systems in off-grid locations, ensuring a reliable, uninterrupted and environmentally friendly power supply. Furthermore, RESTART’s commitment to clean energy aligns seamlessly with the Saudi Vision 2030, focusing on clean energy and finding innovative solutions to diversify and minimize traditional energy sources. The order follows an intensive proof-of-concept phase carried out by RESTART and the user over several months at various locations. During this time, RESTART and the user thoroughly tested and compared the performance of other solutions in a trial setup in the high-temperature locations of Saudi Arabia. SFC's fuel cell technology has proven its performance, reliability and low-maintenance requirements, outperforming the competition even in these harsh and demanding climatic conditions. Dr. Peter Podesser, CEO of SFC Energy AG: “Partnering with RESTART marks a significant step in strengthening our presence in the Middle East, a key region for our global growth strategy. The successful trial phase of our fuel cells in the high-temperature region of the Arabian Peninsula highlights the flexibility and reliability of our technology. As part of our commitment to a climate-neutral energy supply, we are excited to deepen our relationship with Restart and further expand our presence in the Middle East, bringing sustainable energy solutions to this vital region.” Mr. Fahad Alsuhaim, Vice Chairman of RESTART Limited Company: “Partnership with SFC enabled us to provide a reliable and cost-effective solution to our strategic client. In addition to logistics savings, our solution is in-line with Vision 2030, which RESTART contributes to by use of environmentally friendly products.” Further information on SFC Energy's Clean Energy and Clean Power Management solutions can be found at sfc.com. The company’s diverse portfolio encompasses critical areas such as building and maintaining residential and non-residential structures, railway systems, airports, and bridges for the public and private sectors. RESTART Limited Company always understands the customer vision & mission and is part of our customer success. RESTART Limited Company is aligned with the Saudi Vision 2030 in focusing on clean energy and finding innovative solutions to diversify and minimize traditional energy.
05.03.2025 CET/CEST Dissemination of a Corporate News, transmitted by EQS News - a service of EQS Group. |
| Language: | English |
| Company: | SFC Energy AG |
| Eugen-Sänger-Ring 7 | |
| 85649 Brunnthal-Nord | |
| 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 |
| Indices: | SDAX |
| Listed: | Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Munich, Stuttgart, Tradegate Exchange |
| EQS News ID: | 2094921 |
| End of News | EQS News Service |
|
|
2094921 05.03.2025 CET/CEST
P R O D U C T S U G G E S T I O N S
The information presented here has been provided by our content partner EQS-Group. The originator of the news is the respective issuer, the company relating to the news, a publication service provider (press or information agency) which uses the distribution service of EQS to transmit company news to shareholders, investors, investors or interested parties. The original publications and other company-relevant information can be found at eqs-news.com.
The information you can access does not constitute investment advice. The presentation of our cooperation partners, where the implementation of investment decisions would be possible depending on the individual risk profile, is solely at the discretion of the person using the service. We only present companies of which we are convinced that the range of services and customer service will satisfy discerning investors.
If you are considering leverage products, familiarise yourself with the typical characteristics of the financial instruments beforehand. Take the time to determine the risk content of the planned investment before making an investment decision. Bear in mind that a total loss cannot be ruled out with leverage products.
For newcomers to the subject, we offer various options in both the training and the tools section, through which you can train theoretical knowledge and practical experience and thus improve your skills. The offer ranges from participation in webinars to personal mentoring. The range is continuously being expanded.
1 Lab features are usually functionalities that emerge from the think tank of the investor community. In the early stages, these are experimental functionalities whose development process is largely determined by use and the resulting feedback from the community. When integrating external services or functionalities, the functionality can only be guaranteed to the extent that the individual process elements, such as interfaces, interact with each other.