Savosolar Plc. (“Savosolar”) has signed a Letter of Intent with Uniper SE (“Uniper”) for a co-operation in large scale solar heating system deliveries for district heating and heat for industrial processes. The planned co-operation includes sales, design, delivery and, if needed, operation of the systems. Geographical focus of the co-operation is intended to be in Europe, especially in Germany, Austria and Netherlands, and suitable projects could also get searched for worldwide.

The parties aim to investigate for first co-operation projects in 2020.