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BRIEF-Soltech Unit Signs Orders In China

· 02/08/2021 01:47
BRIEF-Soltech Unit Signs Orders In China

- Soltech Energy Sweden AB SOLT.ST:

  • SIGNS ORDERS IN CHINA THAT WILL GENERATE APX. SEK 44 MILLION DURING CONTRACT PERIOD

  • INVESTMENT IN FACILITY, WHICH WILL BE OWNED BY OUR CHINESE SUBSIDIARY, AMOUNTS TO APPROXIMATELY SEK 15.2 MILLION AND CONSTRUCTION IS SCHEDULED TO START IN Q2 OF 2021.

  • ORDER CONCERNS INSTALLATION OF A SOLAR ENERGY PLANT OF 2.5 MEGAWATTS (MW), WHICH IS ESTIMATED TO GENERATE ANNUAL REVENUES OF APX. SEK 2.2 MILLION, OR APX. SEK 44 MILLION DURING AGREEMENT'S 20-YEAR TERM

Source text for Eikon: ID:nMFN2Jfs81

Further company coverage: SOLT.ST


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