20 February 2020

Castellum orders a roof-based solar plant of 30,000 square meters with an order value of approximately SEK 20 million from Soltech’s subsidiary Swede Energy

Soltech Energy Sweden AB (publ) 's subsidiary Swede Energy Power Solutions AB has, in fierce competition with eight other suppliers, taken home an order from the real estate company Castellum to build the by far the largest roof-based solar plant to date in the Nordic region. The plant will be built during the summer of 2020 and commissioned during the autumn at Castellum's property Kålsered 1: 105 in Gothenburg and will have an installed power of about 3.6 megawatts and consist of approx. 8,500 solar panels. The roof area, which will be covered with solar cells, is approximately 30,000 square meters, which corresponds to about five football pitches.

Swede Energy's technical know-how was crucial to getting the order and a production guarantee will also be provided at the plant. The solar system will be built using the very latest solar cell technology.

Soltech's CEO, Stefan Ölander in a comment:

– We are very pleased with our subsidiary Swede Energy, which has had a very successful 2019 and is now also launching 2020 strongly with this prestige order. It is extra fun that the customer is Castellum, which is one of Sweden's largest and most sustainable real estate companies with 632 properties spread over 4.2 million square meters of office and logistics space in Sweden as well as in Copenhagen and Helsinki.

For more information contact: Stefan Ölander, CEO Soltech Energy Sweden AB (publ) Tel: 070-739 80 00. E-mail: stefan.olander@soltechenergy.com

The information in this press release is such that Soltech Energy Sweden AB (publ) is to publish in accordance with EU Regulation No 596/2014 on market abuse. The information was provided through the above contact person's publication for publication on February 20, 2020 at. 07.15 CET.

About Soltech Energy Sweden AB (publ) 

Soltech is a comprehensive supplier that develops, sells, installs and optimizes solar energy solutions for our customers' needs. The group includes the subsidiaries Advanced Soltech Sweden AB (publ) where the Chinese investment is conducted, Soltech Sales & Support, NP-Gruppen, Swede Energy Power Solutions, Merasol and Soldags. Soltech Energy Sweden AB (publ), is traded on the Nasdaq First North Growth Market under the short name SOLT and has approximately 32,000 shareholders. The company's Certified Adviser is Erik Penser Bank. Phone: 08-463 83 00. Email: certifiedadviser@penser.se. For more information see: www.soltechenergy.com