Savo-Solar delivers collector field to Jyderup district heating plant

31.March 2016 at 12:30:00 CET

Savo-Solar Ltd.
Company Announcement             31 March 2016 at 12:30 pm (CET)


Savo-Solar delivers collector field to Jyderup district heating plant

Savo-Solar has signed a contract on the delivery of a solar collector field to Jyderup district heating plant in Denmark. The value of the contract is approximately EUR 1.5 million and the delivery is scheduled to take place during the autumn of 2016. Jyderup district heating plant is owned by the energy company Fors A/S, which also operates another two district heating plants in Denmark.

Managing Director Jari Varjotie: "We are very pleased to sign the contract with Fors A/S as it is yet another proof of our competitive edge in the challenging market in Denmark.  The main criteria when choosing the collector supplier were the energy price and energy density. With our latest product development, the double-glazed collector, we were able to offer the customer the most economical solution. "

SAVO-SOLAR LTD

Jari Varjotie
Managing Director

For more information:

Savo-Solar Ltd.
Managing Director Jari Varjotie
Phone: +358 400 419 734
E-mail: jari.varjotie@savosolar.fi

Ingrid Östhols, communication
Phone: +46 721 810 867
E-mail: ingrid.osthols@savosolar.se

Certified Adviser
Mangold Fondkommission AB
Phone: +46 (8) 5030 1550
E-mail: info@mangold.se


Savo-Solar in brief
Savo-Solar 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, Savo-Solar helps its customers to produce competitive clean energy. Savo-Solar'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. Savo-Solar 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. Savo-Solar'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.fi.

The Company's Certified Adviser is Mangold Fondkommission AB.