Savosolar hands over tracker mounted solar thermal field in Pons, France

Savosolar Plc
Company Announcement                    18 October 2021 at 3.15 p.m. (CEST)

Savosolar hands over tracker mounted solar thermal field in Pons, France

Savosolar has handed over a solar thermal field for a district heating system in Pons, France, to newHeat SAS, who acted as the project developer, owns the plant and sells heat to the district heating company of the city of Pons. Savosolar’s work package included the supply and installation of the collectors and their tracker structures as well as the piping to the solar station.

The delivery agreement for this EUR 700 thousand project was announced in November 2020. The 1,786 m2 collector field is built with double glazed Savo 15DG collectors, which are installed on a single-axis tracker system following the sun, allowing for maximum thermal output. The plant produces c. 1,000 MWh per year, allowing for approximately 275 tons of CO2 emissions to be avoided annually by replacing natural gas use.

Jari Varjotie, the CEO of Savosolar: “It is great to see a large scale solar heating implemented in France now also for district heating. I am very proud that we are part of this clean heat system installation with newHeat, especially since this is a new excellent example of utilizing trackers in our solar thermal systems. In these times it is also very positive to notice that this new plant in Pons brings a significant contribution to the CO2 reduction efforts we currently see happening everywhere in the world.”

SAVOSOLAR PLC

For more information:

Savosolar Plc
Managing Director Jari Varjotie
Phone: +358 400 419 734
E-mail: jari.varjotie@savosolar.com

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 8-604 22 55.