Savosolar Signs Delivery Contract for a Solar Thermal System in France

Savosolar signs delivery contract for a solar thermal system to AbSOLAR in Cadaujac, France

Savosolar has signed a delivery contract with AbSOLAR SAS valued at approximately c. EUR 300 thousand for a solar thermal plant delivery in Cadaujac, France. Delivery of this plant will happen during the first half of 2021.

Savosolar informed on April 23, 2020, of winning a pilot project to AbSOLAR and of an exclusivity agreement with AbSOLAR regarding a larger project for greenhouse with a budgetary value of approximately EUR 2.5 million. This delivery contract is for the earlier informed pilot system for AbSOLAR, and it has been awaiting the decision of the renewable energy subsidy.

This first AbSOLAR’s system will combine a solar thermal plant from Savosolar with seasonal storage from AbSOLAR to provide heat for the local district heating network, targeting to reach nearly 100% solar fraction throughout the year. Savosolar will deliver the c. 900 m² solar collector field, piping and the solar station.

The delivery of the larger project is expected to begin also in 2021.

Jari Varjotie, the CEO of Savosolar: “We are happy that this AbSOLAR’s first project is now on its way to delivery. The overall system AbSOLAR is going to implement in Cadaujac is very interesting, providing fully clean heat to the district heating network throughout the whole year. We believe this can generate interest for several similar systems in the future, helping to speed up the reduction of the carbon dioxide emissions also in district heating. We look forward to further collaboration with AbSOLAR, starting with the next project for the greenhouse.”