SolTech`s China operations land new orders that will generate SEK 36.4 million during the contract period
(WorldNews Sweden)

SolTech Energy`s joint venture in China, Advanced SolTech Renewable Energy Hangzhou Co. Ltd., ASRE, has signed an order with Suqian HuiYang Textile Technology Co. Ltd. The order applies to the installation of a solar energy plant of 1.84 megawatts (MW) and is expected to generate annual revenues of approximately SEK 1.82 million. During the agreement`s 20-year maturity, the accumulated revenues are estimated to amount to approximately SEK 36.4 million. Just as in the case of the 2.1 MW order that was published on May 20, 2019, ASRE...