Bifogade filer
Gigasun signs order in China that generates SEK 46 million over the term of the agreement
Prenumeration
Beskrivning
| Land | Sverige |
|---|---|
| Lista | First North Stockholm |
| Sektor | Energi & Miljö |
| Industri | Energikällor |
Gigasun's wholly-owned subsidiary in China has signed an agreement with a Chinese automotive company for the installation of a solar power plant with a total capacity of approximately 5 megawatts (MW). The plant is expected to generate annual revenues of approximately SEK 2.3 million from the sale of electricity, which corresponds to a total order value of approximately SEK 46 million over the 20-year term of the agreement.
The investment in the plant amounts to approximately SEK 20 million and the project is planned to begin in the third quarter of 2025. The plant will be owned and operated by Gigasun's subsidiaries and is expected to reduce carbon dioxide emissions by approximately 2,500 tonnes per year. The project is fully commercially viable without the need for government subsidies.
The photovoltaic plant will be built in HuBei province.
CEO Max Metelius comments:
"Despite global uncertainty, China continues to offer a robust and growing market for renewable energy. The country's purposeful investments in solar energy, electric vehicles and climate neutrality create attractive opportunities for Gigasun to expand its presence and deliver long-term value in the global climate transition.”