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BRIEF-Advanced Soltech Signs Orders In China Worth About 10.4 Mln

reuters.com · 06/10/2022 01:40
BRIEF-Advanced Soltech Signs Orders In China Worth About 10.4 Mln

- Advanced SolTech Sweden AB (publ) ASAB.ST:

  • ADVANCED SOLTECH SIGNS TWO ORDERS IN CHINA THAT GENERATES APPROX. SEK 10.4 MILLION DURING THE CONTRACT PERIOD

  • PROJECTS ACHIEVE GOOD PROFITABILITY WITHOUT SUBSIDIES

  • ORDERS ESTIMATED TO GENERATE ANNUAL REVENUES FROM ELECTRICITY SALES OF APPROX. 0.52 MSEK, OR APPROX. SEK 10.4 MILLION DURING AGREEMENTS' 20-YEAR TERM

  • CONSTRUCTION START IS PLANNED FOR Q3 OF 2022

  • ORDERS CONCERN INSTALLATION OF TWO SOLAR ENERGY PLANTS OF A TOTAL OF APPROX. 0.6 MEGAWATTS (MW)

Source text for Eikon: ID:nMFN169LKm

Further company coverage: ASAB.ST


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