The production of hydrogen and methanol fuel cells in India has been signed by FC TecNrgy and the German company SFC Energy. A new plant is planned for Gurugram, Haryana. According to the agreement, SFC will produce its EFOY hydrogen and EFOY methanol fuel cells locally and handle quality control, and FCTec will continue to be the "go to market" partner, identifying opportunities, engineering and assembling customised fuel cell
solutions, system integration, as well as designing and developing other crucial components for such solutions and providing after-sales service. Under the agreement, a new facility for hydrogen and methanol fuel cell manufacturing will be set up in Gurugram which will be operational by April 2023, a statement said. The agreement was officially signed off during the India visit of German Chancellor Olaf Scholz.
"Manufacturing of the entire solution including fuel cells in India is part of our long-term strategy which will position us as one of the market leaders in this segment of fuel cells in India," said Colonel Karandeep Singh (Retired), the founding director of FCTec.
Peter Podessor, CEO of SFC said the step to open a location in India is logical and a part of SFC's medium-term strategy. With this new presence, it wants to further expand its Asian business with India as a core market. FCTec is a leading Indian fuel cell engineering & and system integrator of methanol and hydrogen fuel cells for stationary and mobile hybrid power solutions. SFC Energy AG of Munich, Germany is one of the world's leading fuel cell enterprises.
