Meriaura Energy Ltd (“Meriaura Energy”) has signed a contract with BürgerEnergie Steyerberg-Fermwärme eG for the turn-key delivery of a solar thermal plant in Steyerberg, Germany.
The contract, valued at 5,3 million euros, involves the construction of a solar thermal field of approximately 13,700 m² in area and thermal storage supplying heat to the local district heating network. The project has received a subsidy funding decision, but the signed contract is conditional on a financing commitment and building permit to be issued, both of which are expected to be completed during 2024. The system delivery is planned to take place in 2025.
Meriaura Group Plc's CEO, Jussi Mälkiä: "Our persistent work to improve our competitiveness as well as our long-term sales and marketing efforts in the German market are bearing fruit in the form of this new project and strengthen our view of the expansion and growth of the solar thermal market in Europe. I would like to thank both the customer and the entire staff of Meriaura Energy for their commitment to this project. This is a step towards a more sustainable future and the profitable growth of our company."
