Savo-Solar inks EUR 2 million deal
Finnish solar thermal systems provider Savo-Solar has signed a final delivery contract with newHeat SAS in France.
The contract is for France’s largest solar thermal system. It will be installed in Condat-sur-Vézère and have a collector area of over 4 000m2.
Valued at over two million euros, the order includes the civil works, the collector field installed on a tracking system, piping, solar station including the heat exchanger, the control system and the heat delivery to the industrial process.
Savo-Solar has also been awarded the operation and maintenance contract and will be responsible for the operation of the system.
newHeat SAS will use the plant, the first flat-plate collector field in the world to be installed on a one-axis tracking system, to supply and sell heat to an industrial site.
The contract will take effect and project delivery will start after newHeat has received the final approvals and agreements, by the end of April.
The Sun has been shining on the Finnish company of late, with deals previously announced in Denmark and Latin America.