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Absolicon and PepsiCo, Inc. have signed an agreement to start a feasibility study on how to integrate solar heat at three PepsiCo plants in South Africa.
Absolicon has 2022-09-15 published a press release on the feasibility study for PepsiCo in South Africa. The following is an English translation of that press release.
Starting in autumn of 2022 PepsiCo, Inc, (PepsiCo) will explore how to integrate Absolicon solar heat in food and beverage processing at three plants in South Africa.
PepsiCo products are available in more than 200 countries around the world and includes food and beverage brands like Lay's, Doritos, Gatorade and Pepsi-Cola. PepsiCo's sustainability strategy targets every stage of the company's complex value chain to use resources more efficiently and reduce greenhouse gas emissions.
Absolicon T160 patented technology, with an operational temperature of up to 160°C heat and 8 bar steam, matches the thermal energy demand of the food and beverage processing in the PepsiCo plants, and the study ordered from Absolicon is performed to calculate the positive impacts of implementing Absolicon solar heat to the local PepsiCo production.
The study will be performed by Absolicon together with local production partner GreenLine Africa. Absolicon is compensated in line with previous feasibility studies.
PepsiCo, Inc. products are enjoyed by consumers more than one billion times a day in more than 200 countries and territories around the world. PepsiCo generated $79 billion in net revenue in 2021, driven by a complementary beverage and convenient foods portfolio that includes Lay's, Doritos, Cheetos, Gatorade, Pepsi-Cola, Mountain Dew, Quaker, and SodaStream. PepsiCo's product portfolio includes a wide range of enjoyable foods and beverages, including many iconic brands that generate more than $1 billion each in estimated annual retail sales. In South Africa, the company's brands include Weet-Bix, Simba, Liqui Fruit, Lay's, SASKO and White Star.
Guiding PepsiCo is our vision to Be the Global Leader in Beverages and Convenient Foods by Winning with PepsiCo Positive. PepsiCo Positive is our strategic end-to-end transformation that puts sustainability and human capital at the centre of how we will create value and growth by operating within planetary boundaries and inspiring positive change for planet and people. For more information, visit https://www.ssa.pepsico.africa/.
Absolicon Solar Collector AB (publ) was established in 2005 as a research and development company in solar technology. Today, Absolicon is a publicly listed company with more than ten years of operational experience from all parts of the world. Absolicon specializes in providing tools for the transition from fossil fuels, providing a profitable, easy-to-install, and emission-free energy solution using solar thermal resources as well as complete robotic production lines for the solar collectors. www.absolicon.com
GreenLine Renewables Africa (Pty) Ltd is a sustainability solutions provider and partner to Absolicon in South Africa. Established in 2019 and with more than 20 years collective experience in sustainability, GreenLine Africa develops local business and projects. GreenLine Africa will produce the Absolicon T160 Collector in South Africa under Absolicon SA and have a key role in Absolicon's solar thermal installations as well as in their operation and maintenance, O&M. https://www.greenline-africa.com/