Savosolar’s largest solar thermal system for Grenaa Varmevaerk in full operational use

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Savosolar Plc
Press Release                   13 March 2019 at 12:50 p.m. (CET)

Savosolar’s largest solar thermal system for Grenaa Varmevaerk in full operational use

Savosolar’s largest turn-key solar thermal system so far, delivered for Grenaa Varmevaerk in Denmark, is now in full operational use as of Monday 11th of March. The complete field, its size of almost 21,000 m2 is now producing clean heat for the Grenaa district heating network.

Part of the collector field has been operational already few weeks, and during the start-up stage (the previous 3 weeks) it has produced enough energy to heat 22 normal houses for a full year. According to schedule, the whole field is now up and running. The system hand-over is still requiring some documentation and final adjustments.

“We are pleased to have the system fully operational and happy to deliver our largest solar thermal system in the company’s history to Grenaa Varmevaerk. With this delivery in Denmark, one of the most competitive solar thermal markets in the world, we see a promising future when we now expand into new markets as the demand for our products strengthens further”.

-Jari Varjotie, CEO.

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 17 countries on four continents. Savosolar’s shares are listed on Nasdaq First North Sweden with the ticker SAVOS and on Nasdaq First North 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.

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