{"id":4146,"date":"2021-10-22T05:30:00","date_gmt":"2021-10-22T03:30:00","guid":{"rendered":"https:\/\/new-stage.soltechenergy.com\/mfn_news\/advanced-soltech-signs-an-order-in-china-that-generates-approx-sek-48-million-during-the-contract-period\/"},"modified":"2024-05-08T12:58:51","modified_gmt":"2024-05-08T10:58:51","slug":"advanced-soltech-signs-an-order-in-china-that-generates-approx-sek-48-million-during-the-contract-period","status":"publish","type":"mfn_news","link":"https:\/\/soltechenergy.com\/en\/mfn_news\/advanced-soltech-signs-an-order-in-china-that-generates-approx-sek-48-million-during-the-contract-period\/","title":{"rendered":"Advanced Soltech signs an order in China that generates approx. SEK 48 million during the contract period"},"content":{"rendered":"<div class=\"mfn-preamble\">\n<p><strong>Advanced Soltech&#039;s subsidiary in China, has signed an order with Shanxi YangTai Longyan Energy Technology Co. Ltd. The order concerns to the installation of a solar energy plant of 3 megawatts (MW) and is estimated to generate annual revenues of approximately SEK 2.4 million, or approximately SEK 48 million during the agreement&#039;s 20-year term. The investment in the facility, which will be owned by Advanced Soltech&#039;s wholly owned subsidiary in China, amounts to approximately SEK 17.6 million and construction is scheduled to start in the first quarter of 2022. The project achieves good profitability without any subsidies and is located in Shanxi Province.<\/strong><\/p>\n<\/div>\n<div class=\"mfn-body\">\n<p><strong>Advanced Soltech&#039;s CEO Max Metelius comments:<\/strong><\/p>\n<p>\u2013 This project is part of our framework agreement with Shanxi Yang Tai Group. We continue to build an order book ahead of the capital raising in connection with the listing of the company&#039;s shares on First North Growth Market at the end of October 2021.<\/p>\n<\/div>\n<div class=\"mfn-footer mfn-contacts\">\n<p><strong class=\"mfn-heading-1\">For more information contact:<\/strong><\/p>\n<hr \/>\n<p>Max Metelius, CEO Advanced Soltech<br \/>Tel:\u00a0072\u00a0316\u00a004\u00a044.<br \/>Mail: <a href=\"mailto:max.metelius@advancedsoltech.com\" target=\"_blank\" rel=\"nofollow noopener\">max.metelius@advancedsoltech.com<\/a><\/p>\n<p>Stefan \u00d6lander, CEO Soltech Energy<br \/>Tel: 070- 739 80 00.\u00a0Mail:<a target=\"_blank\" rel=\"noopener\"> <\/a><a target=\"_blank\" rel=\"noopener\">stefan.olander@soltechenergy.com<\/a><\/p>\n<\/div>\n<div class=\"mfn-footer mfn-attachment mfn-attachment-general\">\n<p><strong class=\"mfn-heading-1\">Attachments<\/strong><\/p>\n<hr \/>\n<p><a class=\"mfn-generated mfn-primary\" href=\"https:\/\/storage.mfn.se\/3caec469-459c-4918-9db9-d986965af069\/advanced-soltech-signs-an-order-in-china-that-generates-approx-sek-48-million-during-the-contract-period.pdf\" target=\"_blank\" rel=\"nofollow noopener\">Advanced Soltech signs an order in China that generates approx. SEK 48 million during the contract period<\/a><\/p>\n<\/div>\n<script>\n                Array.prototype.slice.call(document.querySelectorAll(\".mfn-footer.mfn-attachment\")).forEach(function (el) { el.remove() });\n            <\/script>\n        <div class=\"mfn-attachments-container\"><div class=\"mfn-attachment mfn-file-type-pdf mfn-primary\"><a class=\"mfn-attachment-link\" target=\"_blank\" href=\"https:\/\/storage.mfn.se\/3caec469-459c-4918-9db9-d986965af069\/advanced-soltech-signs-an-order-in-china-that-generates-approx-sek-48-million-during-the-contract-period.pdf\"><span class=\"mfn-attachment-icon\"><img decoding=\"async\" src=\"https:\/\/storage.mfn.se\/3caec469-459c-4918-9db9-d986965af069\/advanced-soltech-signs-an-order-in-china-that-generates-approx-sek-48-million-during-the-contract-period.pdf?type=jpg\"><\/span>Advanced Soltech signs an order in China that generates approx. SEK 48 million during the contract period<\/a><\/div><\/div>","protected":false},"excerpt":{"rendered":"<p>Advanced Soltech&#8217;s subsidiary in China, has signed an order with Shanxi YangTai Longyan Energy Technology Co. Ltd. The order concerns to the installation of a solar energy plant of 3 megawatts (MW) and is estimated to generate annual revenues of approximately SEK 2.4 million, or approximately SEK 48 million during the agreement&#8217;s 20-year term. The investment in the facility, which will be owned by Advanced Soltech&#8217;s wholly owned subsidiary in China, amounts to approximately SEK 17.6 million and construction is scheduled to start in the first quarter of 2022. The project achieves good profitability without any subsidies and is located in Shanxi Province.<\/p>\n","protected":false},"featured_media":0,"template":"","mfn-news-tag":[75,16,89,65,81],"class_list":["post-4146","mfn_news","type-mfn_news","status-publish","hentry","mfn-news-tag-mfn-ci-en","mfn-news-tag-mfn-lang-en","mfn-news-tag-mfn-type-ir-en","mfn-news-tag-mfn-en","mfn-news-tag-mfn-ci-other-en"],"acf":[],"_links":{"self":[{"href":"https:\/\/soltechenergy.com\/en\/wp-json\/wp\/v2\/mfn_news\/4146","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/soltechenergy.com\/en\/wp-json\/wp\/v2\/mfn_news"}],"about":[{"href":"https:\/\/soltechenergy.com\/en\/wp-json\/wp\/v2\/types\/mfn_news"}],"wp:attachment":[{"href":"https:\/\/soltechenergy.com\/en\/wp-json\/wp\/v2\/media?parent=4146"}],"wp:term":[{"taxonomy":"mfn-news-tag","embeddable":true,"href":"https:\/\/soltechenergy.com\/en\/wp-json\/wp\/v2\/mfn-news-tag?post=4146"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}