SFC Energy, FC TecNrgy develop hydrogen, methanol fuel cells in India
Germany’s SFC Energy and its Indian partner FC TecNrgy have entered into a strategic cooperation agreement to build a new manufacturing facility for hydrogen and methanol fuel cells in India, the German company said on February 27.
SFC Energy has established a subsidiary SFC Energy India that will take over the production of the EFOY hydrogen and EFOY methanol fuel cells and quality assurance, while FCTec will continue to be its "go-to market" partner. The manufacturing facility will be located in Gurugram in the Delhi National Capital Region.
FCTec will handle the design, development, installation and integration of customer-specific fuel cell solutions, as well as the development of other key peripheral system components for such solutions and after-sales service.
"We have been active on the Indian market since 2016, are familiar with the local requirements and needs and work successfully and trustingly with FCTec there. For us, India has enormous growth potential and is therefore of great strategic importance for the expansion of SFC Energy,” said Peter Podesser, CEO of SFC Energy.
Headquartered in Brunnthal near Munich, SFC Energy operates production sites in the Netherlands, Romania and Canada.
“Hydrogen fuel cells will be one of the key components of India's hydrogen economy and we are very excited to be a part of the clean energy revolution to come. Because our fuel cells can be used as solution components to replace the diesel/gasoline generators that are widely used in India,” said Karandeep Singh, founder of FCTec.