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Absolicon signed for a Pilot Solar collector field with Carlsberg Group in Greece

2021-07-12

Absolicon is planning a pilot solar collector field with Carlsberg Group at the Olympic brewery in Sindos production site, Greece. The collector field, to be installed in early 2022, will be built with patented Absolicon T160 Solar collectors to run industrial brewing processes providing the energy needs related to the production through a heat purchase agreement.

Absolicon and Carlsberg Group signed a deal to install in early 2022 a pilot solar collector field at Olympic brewery in Sidons plant in Greece. Absolicon is providing solar collectors and integration with a value of about 200 000€ and the brewery is paying for the produced energy with a heat purchase agreement.

In line with Carlsberg Group’s ambitious sustainability program “Together Towards ZERO”, the initiative arises from the commitment of the Group in helping mitigate the effects of climate change through the incorporation of renewable energies in its production processes.One of Carlsberg Group’s main sustainability targets is to achieve zero carbon emissions during the production process by 2030. The Group envisions this initiative to be an example in the brewing industry towards the gradual exemption and reduction of dependence on fossil fuels.

During the one-year pilot, Absolicon and Carlsberg Group will work together to evaluate the potential of Absolicon´s patented solar thermal technology for the Group´s breweries around the world, with the final goal of replacing natural gas with renewable energy sources.

The Brewery industry is a very heat-intensive industry, with low-temperature applications dominating the energy demand. Absolicon patented technology, with an operational temperature of up to 160°C heat and 8 bar steam, suits perfectly the thermal energy demand of the beverage market providing a competitive and clean heat solution using solar resources.

Processes in Brewing require significant thermal energy demand and solar heating can be implemented in multiple stages of the production chain, our Absolicon T160 concentrates the sunlight providing heat and steam for industrial processes such as washing, boiling, mashing, pasteurization, and CIP.

Surinder Singh, Senior Director New Technologies, Carlsberg Group, said: “We’re excited by the potential of this technology to support the decarbonisation of our breweries globally by 2030, by harnessing the ultimate source of renewable heat energy – the sun. Collaborating across our business and with partners like Absolicon is vital to identifying and scaling the solutions to create renewable heat energy, and we’re pleased to be going together towards zero.”

Joakim Byström, CEO Absolicon, added: “Absolicon’s strategy to create a global market for industrial solar heating is to collaborate with multinational companies with high climate ambitions. We are impressed by Carlsberg Group‘s climate work and look forward to this first joint project.”

Katerina Tsintsifa, ISC Lead of Olympic Brewery, in view of the project’s launch stated: “As a responsible organization, we are committed to zero carbon footprint in the years to come. Our partnership with Absolicon is an important step in the right direction and we believe that it will work as a model for decarbonization of the brewery sector”.

This disclosure contains information that Absolicon is obliged to make public pursuant to the EU Market Abuse Regulation (EU nr 596/2014). The information was submitted for publication, through the agency of the contact person, on 12-07-2021 12:00 CET.

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