Savosolar, Uniper ink LOI to work on large-scale solar heating systems

Finland’s Savosolar Oyj and German energy company Uniper SE (ETR:UN01) have signed a letter of intent (LOI) to cooperate on large-scale solar heating projects for district heating and deliveries of heat for industrial processes.

The Finnish solar thermal technology developer said Tuesday the scope of their cooperation will extend to Europe, namely Germany, Austria and the Netherlands, although the duo is open to search for suitable projects worldwide.

The partners plan to jointly work on sales, design, delivery, as well as operation of the solar heating systems if needed.

Savosolar said the two companies intend to pursue their first projects in 2020.

In May 2019, Swedish solar energy firm Absolicon Solar Collector AB announced it was exploring a potential partnership with Uniper and the possibility of supplying parabolic trough-based solar collectors and developing renewable energy solutions for industrial clients.

Absolicon then said the decision on whether to formalise the partnership or not would be taken in the second half of 2019. Neither company has since officially confirmed that these talks led to formal cooperation.

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