GlobeNewswire
Summary
Meriaura Energy Ltd – Savosolar (“Meriaura Energy”), a fully owned subsidiary to Meriaura Group Oyj, has signed a contract with Bauer Holzenergie GmbH u. Co.KG (“Bauer Holzenergie”) on the delivery of a turn-key solar thermal plant in Bad Rappenau, Germany. The size of the solar thermal collector field will be nearly 29,000 m² (gross) and the value of this contract is circa EUR 9 million – Meriaura Energy’s record high for the time being. The solar heating system will supply heat to an extended district heating network.
The signed contract is conditional on a building permit, which will be confirmed during the summer. The system delivery is planned to start in 2023 and commissioning will take place in 2024.
Kirsi Suopelto, CEO of Meriaura Group Plc: “We are very pleased and proud that Bauer Holzenergie, a privately held district heating company, has decided to invest in clean heating and selected Meriaura Energy to deliver this solar thermal plant. We see the German market becoming a forerunner in decarbonizing the heating sector in Europe and we aim to be a major player in this trend helping district heating companies, as well as other industries, in Germany and elsewhere to reach their goals.”
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#DistrictHeating#SolarThermal