Business success in Switzerland continues - new orders worth SEK 7 million SRE, a subsidiary of Opcon AB, the energy and environmental technology Group, today received an additional order for a flue gas condensation from a bioenergy plant in Switzerland. The customer is the district heating plant owned by the municipality in Winterthur, which by using Opcon's technology for waste heat recovery will increase its energy efficiency by around 25-30% while significantly reducing emissions of particles. Together with a new extra order from Enerbois this means new orders totalling SEK 7 million within bioenergy from Switzerland. Since the breakthrough on the Swiss market around 12 months ago SRE has now won orders worth SEK 34 million within bioenergy on the Swiss market alone. “Our breakthrough in the Swiss market around a year ago continues to bear fruit and it shows the great export potential for Swedish energy and environmental technology. We are now making major efforts within our Renewable Energy business area to export this technology that we have developed in Sweden. SRE already has customers in ten countries outside Sweden and we expect to break into a further couple of new markets this year,” says Rolf Hasselström, President and CEO of Opcon AB. SRE is a part of Opcon's expanding Renewable Energy business area and its focus on Waste Heat Recovery and Bioenergy, among other areas. SRE supplies systems for treatment and improved energy efficiency at district heating plants powered by biofuels, sawmills, pellets producers and commercial greenhouses. The company also delivers treatment equipment to industrial companies and drying systems for biomass. SRE's Renergi product system is based on heat recovery through flue gas condensation and means both significantly reduced emissions and major energy savings, where the capacity of a bioenergy-based boiler can be increased by around 25-50% after upgrading depending on configuration, while emissions of particles, for example are reduced. For further information please contact: Niklas Johansson, vice president, Investor Relations, tel. 08-466 45 00, 070-592 54 53 Opcon AB, Box 15085, SE-104 65 Stockholm Tel. +46 (0)8 466 45 00, fax +46 (0)8 716 76 61 e-mail: info@opcon.se www.opcon.se About the Opcon Group Opcon is an energy and environmental technology Group that develops, produces and markets systems and products for eco-friendly, efficient and resource-effective use of energy. Opcon has operations in Sweden, China, Germany, the UK and Denmark. There are around 400 employees. The company's shares are listed on Nasdaq OMX Stockholm. The Group comprises three business areas: Renewable Energy focuses on generating electricity from surplus heat, bioenergy, systems for handling natural gas, industrial cooling, heat recovery, drying of biomass, cleaning of flue gases, handling systems for biofuel, etc., air systems for fuel cells and measurement and monitoring of processes. The business area comprises the following subsidiaries: Svenska Rotor Maskiner (SRM), Opcon Energy Systems (OES), REF Technology (REF Tech), Svensk Rökgasenergi (SRE), Saxlund, Värmlands Montage Teknik and the trademarks Opcon Autorotor and Mitec Instrument. Engine Efficiency focuses on ignition systems for combustion engines including ethanol, natural gas and biogas engines. The business area comprises the following subsidiaries: SEM, Opcon Technology Suzhou and Laminova Production. Mobility Products focuses on technology for positioning, motion and regulation for electrical vehicles and electrical wheelchairs. The business area comprises the following subsidiaries: REAC and Balle A/S.
Business success in Switzerland continues - new orders worth SEK 7 million
| Source: Trention AB