Savosolar

October 4, 2021
“We have an increasing number of new large projects in the pipeline”

The Finnish turnkey solar heat system provider Savosolar held an extraordinary general shareholder meeting on 1 October to discuss rights issues of approximately EUR 5.4 to 6.4 million with three warrant programmes. The assembly authorised Savosolar’s Board of Directors to decide on...
September 28, 2021
10 MW solar plant heats air for malting plant in France

A 10 MW flagship solar heat project was inaugurated on 20 September 2021 in Issoudun, Southern France, making it the largest solar industrial heat plant in France and the second largest in Europe. The 14,252 m² solar collector fields now supply 10 % of the total heat requirement...
July 12, 2021
The opportunities and risks of stock market financing for young solar thermal companies

More and more solar thermal companies are financing their growth by issuing shares. The most recent example is Tigi from Israel with its IPO on 21st March 2021. Some Scandinavian project developers such as Absolicon, Savosolar and Clean Industry Solutions Holding Europe as well as the...
May 29, 2021
Winners named in Helsinki Energy Challenge for carbon-neutral district heat

An expert panel has now picked four winning ideas from the 252 submitted for the Helsinki Energy Challenge, which gave stakeholders in the energy market a chance to put forward their solutions for carbon-neutral district heating in Finland’s capital by 2035. One award went to the HIVE...
September 14, 2020
NewHeat secures EUR 13 million loan to finance 5 solar heat plants

French project developer NewHeat has successfully closed a EUR 13 million finance deal with Triodos Bank, Germany, and Crédit Coopératif, France, to cover the costs of putting up five solar heat plants with a total capacity of 28 MW_th. The project pool comprises the industrial...
December 19, 2019
Solar Heat for Cities – brochure and infographics

Why is solar heat such a smart way to create sustainable communities? It improves energy security, keeps heat costs stable for at least 20 years and cuts air pollution in towns and cities. To encourage more mayors, local council members and municipal utilities to look into this cost-...
December 13, 2019
Large-scale solar heat is cost-competitive in Germany

In Germany, seven solar district heating plants with a total capacity of 26.6 MWth either came online or are still under construction this year. This is a significant increase compared to the end of 2018, when total SDH capacity reached 43 MWth (33 systems) according to Solites, a research...
November 14, 2019
Kyotherm wins 2019 SHC Solar Award

Kyotherm, a French-based third-party investor, has won the IEA Solar Heating and Cooling programme’s Solar Award for financing energy service companies (ESCOs) so end users in the industrial sector can reap economic benefits from day one. The first solar thermal project supported by...
July 19, 2019
Highly efficient industrial solar heat showcase in southwest France

In mid-June, a start-up business inaugurated the largest industrial solar heat plant to date in France, a 4,213 m² (3.4 MW_th) flat plate collector system, which supplies heat to the Condat paper mill in southwest of the country. Owned by the Lecta Group, the mill is one of the...
May 3, 2018
Record participation at SDH 2018 in Graz

The 5^th International Solar District Heating Conference, which took place in Graz, Austria, in mid-April, brought together 350 experts from 33 countries. It had twice as many attendees as the previous one in Billund, Denmark, in 2016 and attracted representatives from several...