Savosolar (“Meriaura Energy”), a fully owned subsidiary to Meriaura Group Oyj, has signed a contract with Bauer Holzenergie GmbH u. Co.KG (“Bauer Holzenergie”) on the delivery of a turn-key solar thermal plant in Bad Rappenau, Germany. The size of the solar thermal collector field will be nearly 29,000 m² (gross) and the value of this contract is circa EUR 9 million – Meriaura Energy’s record high for the time being. The solar heating system will supply heat to an extended district heating network.

The signed contract is conditional on a building permit, which will be confirmed during the summer. The system delivery is planned to start in 2023 and commissioning will take place in 2024.