LIST: Spotlight Sweden
MCAP: 318,3 MSEK =30 MUSD at time of publication
Share price: 85 SEK = 8,31 USD at time of publication
Industry: solar thermal heating/ district heating
Market size: $223 billion$ by 2026
Peer: Heliogen Market cap 48,9 MUSD
ESGFIRE is very pleased to see that Absolicon today has announced the comissioning of their solar thermal field at the Carlsberg owned Olympic Brewery’s production site in Sindos, Salonika, Greece.
Absolicon’s T160 Solar Collectors harness solar thermal energy for heat and steam applications in industrial processes. In Olympic Brewery, solar collectors across a total area of 1900m2 will cover 2,2% of the brewery’s annual thermal energy demand. During sunnier summer months, the collectors will ramp up their solar thermal contribution to satisfy up to 5% of the total brewery’s thermal energy demand, which corresponds to 70% of the thermal energy demanded for the can pasteurizer process.
This live and working production site should prove to be an extremely valuable demonstration site for future clients and speed up decision making processes of current and future client dialogues!
Full press release of the announcement can be found on the link below:
We own shares of this company personally.
Investing in stocks is combined with certain risks and it is possible to lose your entire investment. Our posts are made for Educational purposes only and are not to be interpreted as tips , financial advice or recommendations of any kind to either buy or sell any stocks.
Companies may or may not be paying us for content posted on this website