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Savosolar gets EUR-3.8m solar heating system order in France

Solar thermal collectors. Source: Savosolar (Twitter)

August 12 (Renewables Now) - Finnish solar thermal systems supplier Savosolar Oyj has received a EUR-3.8-million-plus (USD 4.3m) order from French investment firm Kyotherm Solar to deliver a solar heating system in Issoudun, France.

Under the terms of the contract, Savosolar will deliver a system with a size surpassing 14,000 sq m (150,695 sq ft), which makes it more than three times bigger than Savosolar’s previous delivery in the country. Moreover, it will be the largest solar thermal system for industrial process heating in Europe, according to the Finnish company.

The heat generated at the site will be sold by Kyotherm Solar to a malt drying factory operated by Malteries Franco-Suisses.

Savosolar said it will provide the largest part of the whole plant, while other contractors will be responsible for the water storage, the automation and the integration to the industrial process. The project is seen to be completed in the spring of 2020.

(EUR 1.0 = USD 1.121)

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Ivan is the mergers and acquisitions expert in Renewables Now with a passion for big deals and ambitious capacity plans.

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