SFC Energy AG secured another follow-up order from a Canadian oil producer for the supply of fully integrated frequency converters (VFDs). The order amounts to more than CAD 5.3 million and will be fully recognized in sales and earnings in fiscal year 2023. Already in October 2022, the customer from the Canadian province of Alberta ordered VFDs from SFC Energy with a total value of more than CAD 10 million.

The VFD systems operate electric pumps (ESPs) for oil production. The unique integration capabilities and specific ESP VFD firmware significantly reduce installation and operating costs. The VFDs only deliver the amount of energy to the ESP drives that they need to operate.

This noticeably improves efficiency, as the VFDs make the motors much more effective and energy efficient. This optimizes pump operation, extends motor life and ensures more efficient pump run times. In addition, the VFDs reduce the customer's carbon footprint.