Savosolar to deliver a solar heating system in Eastern France
February 20 2020 - 3:00AM
Savosolar to deliver a solar heating system in Eastern France
Savosolar Plc Company Announcement, Insider information
20 February 2020 at 9.00 a.m. (CET)
Savosolar to deliver a solar heating system in Eastern
France
Savosolar has signed a contract worth over EUR
1.3 million with the subsidiary of the French company La Francaise
de l’Energie (LFDE) to deliver a solar heating system in Creutzwald
France. The system delivery and construction will start during the
spring 2020, and the hand-over is planned for summer 2020.
LFDE subsidiary will own and operate the solar
heating system and sell heat to ENES Creutzwald, the energy service
company of Creutzwald’s municipality, owner of the district heating
network. The size of the solar heating system is over 5,900 m2,
will generate over 2 600 MWh of clean energy annually, and
will be the fourth project of Savosolar for the French market.
Savosolar will deliver the largest part of the whole solar thermal
plant including the solar collector field, piping, heat exchange
station and automation.
La Française de l’Énergie (LFDE) is listed on
Euronext and leader in low carbon footprint energy production. LFDE
produces gas, green electricity and heat in Northern France,
Eastern France and in Benelux. Since 2019, LFDE develops
photovoltaic and solar thermal projects on the areas where they
operate, to reduce the carbon footprint of the final consumers.
Through this first solar thermal project, LFDE reaffirms its
commitment to the environment by developing renewable energy
projects, prioritizing environmental benefits and reducing energy
costs.
SAVOSOLAR PLC
For more information:
Savosolar PlcManaging Director Jari VarjotiePhone: +358 400 419
734E-mail: jari.varjotie@savosolar.com Savosolar Plc discloses the
information provided herein pursuant to the Market Abuse Regulation
((EU) No 596/2014, ”MAR”). The information was submitted for
publication by the aforementioned person on 20 February 2020 at
9.00 a.m. (CET). About Savosolar
Savosolar with its highly efficient collectors and large-scale
solar thermal systems has taken solar thermal technology to the
next level. The company’s collectors are equipped with the patented
nano-coated direct flow absorbers, and with this leading
technology, Savosolar helps its customers to produce competitive
clean energy. Savosolar’s vision is to be the first-choice supplier
to high performance solar installations on a global scale. Focus is
on large-scale applications like district heating, industrial
process heating and real estate systems – market segments with a
big potential for rapid growth. The company primarily delivers
complete systems from design to installation, using the best local
partners. Savosolar is known as the most innovative company in the
business and aims to stay as such. The company has sold and
delivered its products to almost 20 countries on four continents.
Savosolar’s shares are listed on Nasdaq First North Growth Market
Sweden with the ticker SAVOS and on Nasdaq First North Growth
Market Finland with the ticker SAVOH. www.savosolar.com.
The company’s Certified Adviser is Augment Partners AB,
info@augment.se, phone: +46 8-505 65 172.