Brief: Advanced Soltech Signs Orders In China Worth About 10.4 Mln

Gigasun AB (publ)

10/06/2022 06:40

June 10 (Reuters) - Advanced SolTech Sweden AB (publ)
 ASAB.ST :
    * ADVANCED SOLTECH SIGNS TWO ORDERS IN CHINA THAT GENERATES
APPROX. SEK 10.4 MILLION DURING THE CONTRACT PERIOD
    * PROJECTS ACHIEVE GOOD PROFITABILITY WITHOUT SUBSIDIES
    * ORDERS ESTIMATED TO GENERATE ANNUAL REVENUES FROM
ELECTRICITY
SALES OF APPROX. 0.52 MSEK, OR APPROX. SEK 10.4 MILLION DURING
AGREEMENTS' 20-YEAR TERM
    * CONSTRUCTION START IS PLANNED FOR Q3 OF 2022
    * ORDERS CONCERN INSTALLATION OF TWO SOLAR ENERGY PLANTS OF
A
TOTAL OF APPROX. 0.6 MEGAWATTS (MW)

Source text for Eikon:  ID:nMFN169LKm 
Further company coverage:  ASAB.ST 

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