6 December 2017

Ereim has placed a one million SEK order for SolTech’s new product – ShingEl

The Ereim concern has placed an order for SolTech ShingEl amounting to very near 1,4 MSEK for its Skogshöjden Projekt AB project in Ulricehamn, which is going to be constructed in the summer of 2018.

By having chosen SolTech ShingEl, which is both a solar cell and roofing in the same product, Ereim secures two functions in the same solution. ShingEl has been developed by SolTech Energy and will be widely launched to both the private market and to the commercial construction and real estate market. ShingEl is equally suited to new building projects as it is to the renovation of existing roofs. For Eriem’s Skogshöjden residential site, the cost savings stand to be substantial since a roof is not simply being built with traditional roofing materials, but rather with ShingEl directly on roofing paper and battens.

SolTech´s CEO Frederic Telander comments:

  • We are very happy about this business transaction with Ereim, a company that has sold over 800 homes throughout Sweden since its inception in 2010, focusing on homes that are energy effective. Skogshöjden is a modest-sized development site consisting of nine attached residential buildings housing a total of 18 individual condominiums. This residential development is the first to be entirely roofed with ShingEl, which will be exciting to see and, at the same time, underline the product’s competitive strength. ShingEl has gotten off to a “tasty” start and we have barely begun.

For more information, please contact: Frederic Telander, CEO SolTech Energy. Tel: 08-441 88 46, email: frederic.telander@soltechenergy.com

The information contained in this press release conforms to that which SolTech Energy Sweden AB (publ.) is required to make public according to the EU’s regulation.596/2014 concerning securities market abuse. Said information is furnished, via the above-cited contact person’s authorization, for publication on 6 December 2017, 07:00 CET.

SolTech Energy in brief
SolTech Energy develops and sells building-integrated solar energy products for all forms of building structures – commercial, public and residential. The products are a part of a building’s outer shell, as a roof, wall or window, containing semi-transparent solar cells for the production of electricity that simultaneously shade out solar heat. Soltech Energy Sweden AB  (publ.) is traded on First North at Nasdaq Stockholm, under the symbol “SOLT” with over 12,000 shareholders. Also included in the concern are its jointly owned (51%) subsidiaries ASAB in Sweden and ASRE in China, as well as its wholly owned subsidiary Wasa Rör T Mickelsson AB. The company’s Certified Advisor is G&W Fondkommission (securities broker). For more information see: www.soltechenergy.com.

SolTech ShingEl is a building-integrated solar cell that functions as a roof tile and is seamlessly compatible installed side-by-side with Bender’s Carisma roof tile. ShingEl has been developed by SolTech Energy and will be introduced to the market in a widespread launch during 2018 that will include both the private market, and the commercial construction and real estate markets. ShingEl is equally suited to new building projects as it is to the renovation of existing roofs.

Ereim AB in brief
Ereim Ab is project developer powerfully motivated to create home environments where people can expand and enrich the quality of their lives. Ereim builds well-planned, price-worthy homes so that more people get a chance to own their homes without having to abandon the concept of maintaining a well-balanced private economy. Our homes are fundamentally designed to be energy effective, and by taking advantage of solar cells and other intelligent solutions we seek to create conditions tha