{"id":3167,"date":"2022-09-30T10:00:24","date_gmt":"2022-09-30T09:00:24","guid":{"rendered":"http:\/\/esgfire.com\/uncategorized\/planet-soar-in-france-pays-absolicon-sek-1-million-as-down-payment-for-production-line-worth-6-musd-2-2\/"},"modified":"2023-08-09T14:38:35","modified_gmt":"2023-08-09T13:38:35","slug":"planet-soar-in-france-pays-absolicon-sek-1-million-as-down-payment-for-production-line-worth-6-musd-2-2","status":"publish","type":"post","link":"https:\/\/esgfire.com\/en\/absolicon\/planet-soar-in-france-pays-absolicon-sek-1-million-as-down-payment-for-production-line-worth-6-musd-2-2\/","title":{"rendered":"Planet Soar in France pays Absolicon SEK 1 million as down payment for production line worth 6 MUSD"},"content":{"rendered":"

Company: Absolicon
\nTicker: $ABSL
\nLIST: Spotlight Sweden
\nMCAP: 321 MSEK =29 MUSD at time of publication
\nShare price: 98,2 SEK = 8,78\u00a0 USD at time of publication
\nIndustry: solar thermal heating\/ district heating
\nMarket size: $223 billion$ by 2026
\nPeer: Heliogen Market cap 456 MUSD<\/p>\n

ESGFIRE comment:
\nESGFIRE is very pleased to see that Absolicon today has announced the receiving of 1 million SEK ( $90 000 USD ) in down paymeny for a production line to France as part of their framework agreement with Planet Soar. Keep in mind that just one production line means 6 MUSD in one time revenues and recurring revenues <\/b>of around 4-5 MUSD per year for Absolicon. Planet Soar is the SECOND customer in 2022 that pays a down payment for a production line. The other partner which has made a down payment for a production line in 2022 is Phoenix Solar Thermal in Canada. We think the commercial breakthrough for Absolicon is imminent and that we expect to see a serious “ketchup bottle” effect within the next 6 months with real orders on production lines to follow. A reminder to also bear in mind is that Absolicon has close to 20 framework agreements signed so far and the company sees the potential for hundreds of production lines globally.\u00a0<\/b><\/p>\n

 <\/p>\n

Full press release of the announcement can be found on the link below:<\/strong><\/p>\n

https:\/\/news.cision.com\/absolicon\/r\/planet-soar-in-france-pays-sek-1-million-as-part-of-the-framework-agreement-for-the-acquisition-of-a,c3640400?utm_source=dlvr.it&utm_medium=twitter<\/a><\/p>\n

 <\/p>\n

Legal Disclaimer
\n<\/strong>
\nWe own shares of this company personally.
\nInvesting 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.
\nCompanies may or may not be paying us for content posted on this website<\/p>\n

 <\/p>\n","protected":false},"excerpt":{"rendered":"

Company: Absolicon Ticker: $ABSL LIST: Spotlight Sweden MCAP: 321 MSEK =29 MUSD at time of publication Share price: 98,2 SEK = 8,78\u00a0 USD at time of publication Industry: solar thermal heating\/ district heating Market size: $223 billion$ by 2026 Peer: Heliogen Market cap 456 MUSD ESGFIRE comment: ESGFIRE is very pleased to see that Absolicon […]<\/p>\n","protected":false},"author":1,"featured_media":2416,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"image","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[137,148,128],"tags":[],"class_list":["post-3167","post","type-post","status-publish","format-image","has-post-thumbnail","hentry","category-absolicon","category-all-posts","category-reports-news-interviews","post_format-post-format-image"],"yoast_head":"\nPlanet Soar in France pays Absolicon SEK 1 million as down payment for production line worth 6 MUSD - 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