SFC Energy Secures Landmark Saudi Order to Power Off-Grid Surveillance with Clean Energy

SFC Energy Secures Landmark Saudi Order to Power Off-Grid Surveillance with Clean Energy

(IN BRIEF) SFC Energy AG has landed its first order in Saudi Arabia by signing a contract with RESTART Limited Company for EFOY Pro methanol fuel cells and accessories, designed to power off-grid CCTV and public safety monitoring systems. After a rigorous proof-of-concept phase in the region’s harsh high-temperature conditions, the technology proved its superiority in reliability and low maintenance over competitors. This deal, which will contribute to revenue and earnings in 2025, aligns with Saudi Vision 2030’s push for clean energy, while reinforcing SFC Energy’s strategic expansion in the Middle East.

(PRESS RELEASE) BRUNNTAL/MUNICH, 5-Mar-2025 — /EuropaWire/ — SFC Energy AG (F3C:DE, ISIN: DE0007568578), a leading provider of hydrogen and methanol fuel cells for stationary, portable, and mobile hybrid power solutions, has achieved a significant milestone by securing its first order in Saudi Arabia. The contract, signed with RESTART Limited Company—a specialist in construction and infrastructure solutions—marks a pivotal expansion of SFC Energy’s market presence in the Middle East. Under this agreement, RESTART will purchase EFOY Pro methanol fuel cells along with a suite of related accessories, with deliveries scheduled to begin in 2025 and extend over a 10-year period. The deal is expected to make a notable contribution to SFC Energy’s revenue and earnings in the financial year 2025.

The ordered EFOY Pro fuel cells are set to power Closed Circuit Television (CCTV) systems and various public safety monitoring installations in off-grid locations throughout Saudi Arabia. These fuel cells provide self-sufficient, reliable, and environmentally friendly power, ensuring uninterrupted operation of mobile and stationary surveillance systems even in challenging conditions. RESTART’s decision to adopt SFC’s technology aligns closely with Saudi Vision 2030, which emphasizes the transition to clean energy and innovative approaches to reduce reliance on traditional, carbon-intensive energy sources.

This landmark order follows an intensive proof-of-concept phase conducted by RESTART and its strategic client over several months across multiple high-temperature locations in Saudi Arabia. During the trial, SFC’s fuel cell technology was rigorously tested and benchmarked against alternative solutions. The results demonstrated that SFC’s EFOY Pro fuel cells consistently delivered superior performance, reliability, and low-maintenance operation under even the most demanding climatic conditions.

Dr. Peter Podesser, CEO of SFC Energy AG, commented, “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, added, “Our partnership with SFC has enabled us to provide a reliable and cost-effective solution to our strategic client. Beyond the evident logistics savings, our solution is fully in line with Vision 2030, as it supports the use of environmentally friendly products in a rapidly growing energy market.”

This contract not only underscores the strength and versatility of SFC Energy’s fuel cell solutions but also sets the stage for broader adoption of sustainable energy technologies in Saudi Arabia and beyond. As the global energy landscape shifts towards cleaner alternatives, SFC Energy and RESTART are well-positioned to meet the increasing demand for innovative power solutions that deliver both performance and environmental benefits.

For more information on SFC Energy’s clean energy and power management solutions, please visit www.sfc.com.

About SFC Energy AG

SFC Energy AG (www.sfc.com) is a leading provider of hydrogen and direct methanol fuel cells for stationary, portable 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 75,000 fuel cells to date. The Company is headquartered in Brunnthal/Munich, Germany, and has operating subsidiaries in Canada, India, the Netherlands, Romania, Denmark, the United Kingdom, and the United States of America. 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).

About RESTART Limited Company

RESTART Limited Company is a leading Saudi-based firm specializing in construction and infrastructure solutions. Founded in 2008, the company has grown to offer a comprehensive suite of services, including project management, civil works, smart cities solutions, Fiber-optics, telecommunications, and energy solutions & maintenance solutions for critical infrastructure. With a commitment to excellence and a focus on client satisfaction, RESTART Limited Company continues to drive innovation and sustainable development in the region.

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.

Media Contacts:

SFC IR and Press Contact

Susan Hoffmeister
Tel. +49 89 125 09 03-33
Email: susan.hoffmeister@sfc.com
Web: sfc.com

RESTART Limited Company:

Abdul Aziz Alomarn
Head of Business Development
Email: a.alomran@restart.com.sa

SOURCE: SFC Energy AG