Brief: Advanced Soltech Signs Order In China

Gigasun AB (publ)

01/09/2023 10:06

Sept 1 (Reuters) - Advanced SolTech Sweden AB (publ)
 ASAB.ST :
    * ADVANCED SOLTECH SIGNS AN ORDER IN CHINA THAT GENERATES A
TOTAL
OF APPROX. SEK 113 MILLION DURING THE CONTRACT PERIOD
    * FOR INSTALLATION OF A SOLAR POWER PLANT OF APPROX. 6
MEGAWATTS
(MW)
    * EXPECTED TO GENERATE ANNUAL REVENUE FROM ELECTRICITY SALES
OF
APPROX. SEK 5.65 MILLION
    * GENERATES APPROX. SEK 113 MILLION DURING 20-YEAR TERM OF
AGREEMENT
    * CONSTRUCTION START IS PLANNED FOR Q1 OF 2024

Source text for Eikon:  ID:nMFNbrN0yn 
Further company coverage:  ASAB.ST 

 (Gdansk Newsroom)
 ((gdansk.newsroom@thomsonreuters.com;))