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SFC Energy starts production of H2 and methanol fuel cells in India

SFC Energy AG has launched the manufacturing of H2 and methanol fuel cells at its New Delhi/Gurgaon site in India in the presence of Federal Minister Dr. Robert Habeck. Together with the long-standing Indian partner FCTecNrgy Pvt Ltd (FCT), the production facility was built and handed over in just six months. In the medium term, annual sales of around €100 MM are to be generated here with the development and production of innovative energy supply systems. The local production is in line with the Make in India initiative and will make an important contribution to a climate-friendly positioning of the Indian economy.

“The climate-friendly transformation of the economy is an urgent challenge and a significant common concern for Germany and India. H2 and its derivatives will play an important role in this transformation. By producing locally, SFC Energy makes German technology more accessible to India and its economy, thus making an important contribution to the success of the energy transition,” said Dr. Robert Habeck, Federal Minister for Economic Affairs and Climate Protection.

India has formulated its own targets for the expansion of renewable energies and the development of green H2 production by 2030. The Indian government is also striving to replace polluting energy systems such as diesel generators with sustainable energy solutions to significantly reduce CO2 emissions. In January 2023, the Indian government adopted the National Green H2 Mission proclaimed by Prime Minister Narendra Modi, under which, for example, generators in railways, the military and in critical infrastructure will also be replaced with emission-free fuel cells.

The technology pioneer SFC Energy has already been active in India since 2016 and is now investing in the local market development as well as in its own production capacities. The mobile and stationary fuel cell solutions manufactured in the new factory produce clean electricity based on H2 and methanol. SFC’s customers in India already include public sector clients and civilian users of clean H2- and methanol-based power where grid supply is not available or not stable enough. Most recently, the company booked major orders worth €33 MM for fuel cell-based energy supply for the Indian armed forces. Other current major projects include the planned replacement of diesel generators at Indian Railway and Border Roads Directorate as well as various smart city projects.

“As a technology leader with the experience of more than 65,000 fuel cells installed worldwide, SFC Energy is a perfect partner to support the Indian government in its ambitious goals towards a sustainable and climate-friendly energy supply. With the start of manufacturing at the new site in Delhi, we fulfill the ‘Make in India’ requirements as well as the ‘National Green H2 Mission’ and benefit from our long-standing presence and partnership in this growth market,” said Dr. Peter Podesser, CEO of SFC Energy AG. “As the world’s most populous country, India is the market with the highest growth dynamics in Asia for this technology, which can contribute not only to climate protection but also to air improvement. Demand is clearly exceeding our expectations. In the medium term, the aim is also to make green H2 and green methanol available on a decentralized basis.”