20 July, 2023, Gurgaon : On a first ever state visit to India, the German Vice Chancellor, Dr. Robert Habeck, inaugurated the production facility of SFC Energy India on 20 July at Gurugram. SFC Energy India is a subsidiary of SFC Energy AG, Germany and shares its production facility with FC TecNrgy Pvt Ltd (FCT Energy) in sprawling 35,000 square feet premises in Gurugram.
A high-level delegation accompanied by the German Vice Chancellor and comprised eminent industry leaders and media. Dr. Habeck holds the portfolio of Economic Affairs and Climate Protection in the Scholtz Government. The tie-up between FCT Energy and SFC India is in consonance with the shared interests and initiatives of the Indian and German Governments towards economic collaboration, as well as climate change. The inaugural ceremony takes both companies a step closer to achieving their objective of migrating towards clean, ecologically and economically sustainable energy through partnership in clean energy technology.
“The climate-friendly transformation of the economy is an urgent challenge and a significant common concern for Germany and India. Hydrogen 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.
“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 Hydrogen Mission’ and benefit from our long-standing presence and partnership in this growth market,” Dr. Peter Podesser, CEO of SFC Energy AG, explains the investment. “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 hydrogen and green methanol available on a decentralised basis.”
“The Commencement of the production of Hydrogen and Methanol Fuel Cells at Gurugram by FCT Energy and SFC Energy India intends to cater to the demand and opportunities presented as a result of the global mandate, to shift towards clean power generation and reduce dependence on fossil fuels. With the importance accorded by the Indian Government to be ‘NET ZERO’ by 2070, the production of Hydrogen and Methanol based fuel cells, in Gurugram, is a key milestone towards mitigation of carbon emission and the making of an ‘Atmanirbhar Bharat’ and India’s ‘National Green Hydrogen’. We have agreed on the mutual equity participation of local companies under the Make in India initiative”, stated the MD & CEO of FCT Energy Mr. Karandeep Singh.
FCT Energy and SFC Germany have been associated with each other for over seven years and are committed towards sustainability in energy sector through clean and ‘smart’ solutions. The joint venture aims at manufacturing Hydrogen and Methanol based fuel cells under the Make in India initiative at the ‘state-of-the-art’ production centre in Gurugram. This facility is one of its own kind in the country that enables R&D, designing, development, quality assurance, integration and installation of the systems which will be carried out by FCT Energy.
The collaboration between SFC Energy AG and FCT Energy is a testament to the growing recognition of India’s efforts to embrace sustainable energy and their commitment to being at the forefront of eco-friendly initiatives.
About FC TecNrgy Pvt. Ltd (FCT Energy)
FC TecNrgy (FCT) is a Fuel Cell and Sustainable Energy Tech enterprise based out of Gurugram Haryana and the first company to commence marketing and deploying Methanol Fuel Cells in India. With a successful track record of over seven years in extensive trials and validations, FCT has already implemented over 1400 Fuel Cell Solutions across India, providing backup power to remote locations and critical infrastructures.
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.
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 and has been part of the selection index SDAX since 2022 (GSIN: 756857, ISIN: DE0007568578).