| Source: Savosolar Oyj


Savosolar Plc
Company Announcement                   22 March 2019 at 7:00 p.m. (CET)


Savosolar's rights issue fully subscribed

Savosolar Plc ("Savosolar" or the "Company") has carried out a rights issue of approximately EUR 5.3 million (the "Offering"), which was fully subscribed, has resolved on a directed share issue without consideration to the Board members as a part of their Board remuneration and has resolved to amend the terms and conditions of the Company's stock option plan 2-2017.

  • Savosolar's rights issue of approximately EUR 5.3 million has been fully subscribed.
  • 52.1 % of the Offering will be allocated to subscribers who have subscribed for shares with the subscription rights and 47.9 % to those who have subscribed for the shares without the subscription rights.
  • The Board of Savosolar has decided on a directed share issue to be used as a part of the Board members' remuneration in accordance with the resolution by the Annual General Meeting on 27 March 2018. The Company issues a total of 765,506 new shares, which were offered for subscription to the members of the Board of Directors without consideration.

The Board of Directors of Savosolar resolved on 21 March 2019 to approve the subscriptions received in the Offering, as well as the allocation of offered shares and warrants. For offer shares subscribed for in the Offering without subscription rights and for the related additional warrants, the acceptance is conditional to payment of the subscriptions of offer shares on 27 March 2019 at the latest. Allocation has been made in accordance with the principles described in the prospectus. Investors with the subscription rights were allocated 52.1 % and investors without the subscription rights 47.9 % of the offered shares. As a result of the Offering and the directed share issue to the Board members, the number of shares in Savosolar will increase by 1,058,380,748 shares.

The shares subscribed for in the Offering and the directed issue are expected to be registered with the Finnish Trade Register approximately on 2 April 2019. Combination of the temporary shares with the Company's existing shares is expected to take place and trading in the new shares subscribed for in the Offering and directed issue is expected to commence approximately on 3 April 2019 on First North Finland and on 10 April 2019 on First North Sweden.

The Board of Directors of Savosolar has resolved on a directed share issue to be used as a part of the Board members' remuneration in accordance with the resolution by the Annual General Meeting on 27 March 2018. The Company issues a total of 765,506 new shares, which were offered for subscription to the members of the Board of Directors without consideration. The Chairman of the Board subscribed for 408,269 new shares and other the Board members 119,079 new shares each. When calculating the number of shares the volume weighted average price of the Company's share on First North Sweden during November 2018, i.e. SEK 0.1089, has been used.

After the Offering and the directed share issue the total number of shares will amount to 1,410,919. The number of warrants subscribed for in connection with the Offering amounts to 352,538,326.

Savosolar will in total receive approximately EUR 4.3 million in issue proceeds (after deduction of transaction costs associated with the Offering).

Due to the Offering the Board of Directors of the Company also decided to amend the terms of the Company's stock option plan 2-2017 in accordance with their terms and conditions. The new subscription price per share for stock option plan 2-2017 is EUR 0.01, and each stock option gives the right to subscribe for five (5) shares.


Mangold Fondkommission AB is acting as financial advisor to the Company in the Offering. Smartius Oy is acting as the legal adviser to the Company on aspects of the Offering related to the Finnish law.


For more information:

Savosolar Plc
Managing Director Jari Varjotie
Phone: +358 400 419 734
E-mail: This email address is being protected from spambots. You need JavaScript enabled to view it.

Savosolar Plc discloses the information provided herein pursuant to the Market Abuse Regulation ((EU) No 596/2014, "MAR"). The information was submitted for publication by the aforementioned person on 22 March 2019 at 7:00 p.m. (CET).

About Savosolar

Savosolar with its highly efficient collectors and large-scale solar thermal systems has taken solar thermal technology to the next level. The company's collectors are equipped with the patented nano-coated direct flow absorbers, and with this leading technology, Savosolar helps its customers to produce competitive clean energy. Savosolar's vision is to be the first-choice supplier to high performance solar installations on a global scale. Focus is on large-scale applications like district heating, industrial process heating and real estate systems - market segments with a big potential for rapid growth. The company primarily delivers complete systems from design to installation, using the best local partners. Savosolar is known as the most innovative company in the business and aims to stay as such. The company has sold and delivered its products to 17 countries on four continents. Savosolar's shares are listed on Nasdaq First North Sweden with the ticker SAVOS and on Nasdaq First North Finland with the ticker SAVOH. www.savosolar.com.

The company's Certified Adviser is Augment Partners AB, This email address is being protected from spambots. You need JavaScript enabled to view it., phone: +46 8-505 65 172.


This release or the information contained therein shall not be distributed, directly or indirectly, in Australia, Canada, Hong Kong, Japan, New Zealand, Singapore, South Africa or the United States. The information contained in this release do not constitute an offer of, or invitation to purchase any securities in any area, where offering, procurement of or selling such securities would be unlawful prior to registration or exemption from registration or any other approval required by the securities regulation in such area. This release is not an offer for sale of securities in the United States. Securities may not be offered or sold in the United States absent registration or an exemption from registration under the U.S. Securities Act of 1933, as amended, and the rules and regulations issued by virtue of it. Savosolar has not registered, and does not intend to register, any offering of securities in the United States. No actions have been taken to register the shares or the offering anywhere else than in Finland and Sweden.

The information contained herein shall not constitute an offer of, or invitation to purchase any securities in any jurisdiction. This release is not a prospectus and does not constitute any offer, invitation or investment advice to subscribe for or purchase securities. Investors should not subscribe for or purchase any securities or make any investment decisions referred to herein except on the basis of information contained in a prospectus issued by Savosolar.

Read more: Savosolar's rights issue fully subscribed

| Source: ALBIOMA


Press release

Paris La Défense, 21 March 2019

Albioma Solaire France agrees a €61 million funding deal to refinance the assets of Eneco and accelerate the rollout

Albioma Solaire France - the subsidiary that owns and operates the photovoltaic power plants acquired from Eneco in December 2018 - has contracted a long-term loan for €61 million.

This non-recourse project loan refinances the existing assets and includes an amount for funding the construction of a portfolio of small- and medium-power photovoltaic power plants. This funding secures the growth of the Group's solar power business in metropolitan France on very attractive terms.

The lenders are Natixis Energeco and Unifergie.

As part of our commitment to the energy transition, Albioma announced the acquisition of Eneco France in December 2018, to strengthen the Group's market position and expand our solar power business in metropolitan France, supplementing our existing installed capacity of 8 MW.

Next on the agenda: revenue figures for the first quarter of the 2019 financial year, on 24 April 2019 (before trading).

About Albioma Contacts
An independent renewable energy producer, Albioma is committed to the energy transition thanks to biomass and photovoltaics.

The Group, which is established in Overseas France, Mauritius and Brazil, has developed a unique partnership for 25 years with the sugar industry, to produce renewable energy from bagasse, a fibrous residue from sugar cane.

Albioma is also the leading generator of photovoltaic power overseas where it constructs and operates innovative projects with integrated storage capabilities.

Julien Gauthier
+33 (0)1 47 76 67 00

Charlotte Neuvy
+33 (0)1 47 76 66 65
This email address is being protected from spambots. You need JavaScript enabled to view it.

Albioma shares are listed on NYSE EURONEXT PARIS (sub B) and eligible for the deferred settlement service (SRD) and PEA-PME plans (ISIN FR0000060402 - ticker: ABIO). www.albioma.com


Read more: ALBIOMA : Albioma Solaire France agrees a €61...

| Source: Eguana Technologies Inc.

CALGARY, Alberta and NORWALK, Conn., March 21, 2019 (GLOBE NEWSWIRE) -- Eguana Technologies (TSX.V: EGT) (OTCQB: EGTYF) and PurePoint Energy are pleased to announce that the Evolve – Home Energy Storage System is immediately available to residences located in Connecticut.

The Evolve Energy Storage system allows new or existing residential solar system owners to store excess solar power generation for use in the evening, maximizing their solar investment while increasing their level of energy independence. In the event of grid failure, the Evolve Energy Storage system will keep the solar system operating while managing the home loads, ensuring that power is available in the event of either short or long duration power outages.  

“PurePoint Energy’s residential clients are looking for affordable modular energy storage solutions that offer reliability, as well as flexibility. In addition to having backup power, PurePoint and our clients alike will appreciate the service that is provided post installation with Eguana technical support,” stated Tom Wemyss, VP Business Development at Pure Point Energy. “Priding ourselves on having earned a five-star rating in service, we are thrilled to know that Eguana’s technical support team will give an extra piece of mind and comfort to homeowners when purchasing an energy storage unit.”

“Traditional standby generators are well integrated into the residential market throughout New England. It is becoming an increasingly popular trend for homeowners to install advanced energy storage systems in conjunction with solar PV systems to replace these traditional solutions. The Evolve Energy Storage system, when coupled with a new or existing solar system, offers a perpetual, low-cost, clean backup power source. Further, the system will allow the homeowner to increase their energy independence by storing excess solar power for use in the evening,” said Livio Filice, Director of Sales, North America, “PurePoint is a well-established, market leading provider of high-quality solar systems with over a decade of experience in Connecticut. We are thrilled to be working with a company that is focused on quality and customer satisfaction.”

PurePoint is scheduled to become an Eguana certified installer in April with initial installations to commence shortly thereafter. Evolve energy storage systems will continue to be deployed throughout the balance of this year.

Evolve – Home Energy Storage Systems

Evolve is a fully-integrated residential energy storage system that includes the company’s proprietary power electronics system, LG Chem low-voltage battery modules, and a comprehensive user interface. The system is rated at 5KW AC output with a modular battery design based on a 6.5 kWh battery, which is scalable from 13 to 39kWh in storage capacity. The NEMA 3R wall-mounted package is suitable for indoor and outdoor installations. The package is backed by a 10-year standard warranty.

The Evolve supports grid-connected solar self-consumption, time of use, and backup power. It is now available in the United States and in Caribbean markets, with certification standards matching UL1741, California’s Rule 21, and Hawaii’s Rule 14H.

Interested parties may contact:

Eguana Technologies
Livio Filice
Director of Residential Sales, North America
This email address is being protected from spambots. You need JavaScript enabled to view it.

PurePoint Energy
Michael Dowling
Business Development Manager
This email address is being protected from spambots. You need JavaScript enabled to view it.

About PurePoint

Located in Norwalk, CT, PurePoint Energy is a local leader in agricultural, commercial, and residential solar design and installation. We hang our hats on excellent customer service, and choose to only offer the highest quality and best performing products. Our energy solutions are turnkey and fully customizable. Our mission is to help our clients become more energy independent, lower their cost of energy consumption, and reduce their carbon footprint to improve the environment.

About Eguana Technologies Inc.

Based in Calgary, Alberta Canada, Eguana Technologies (EGT: TSX.V) (OTCQB: EGTYF) designs and manufactures high performance residential and commercial energy storage systems. Eguana has two decades of experience delivering grid edge power electronics for fuel cell, photovoltaic and battery applications, and delivers proven, durable, high quality solutions from its high capacity manufacturing facilities in Europe and North America.

With thousands of its proprietary energy storage inverters deployed in the European and North American markets, Eguana is one of the leading suppliers of power controls for solar self-consumption, grid services and demand charge applications at the grid edge.

To learn more, visit www.EguanaTech.com or follow us on Twitter @EguanaTech

Company Inquiries
Justin Holland
CEO, Eguana Technologies Inc.
This email address is being protected from spambots. You need JavaScript enabled to view it.

Forward Looking Information

The reader is advised that some of the information herein may constitute forward-looking statements within the meaning assigned by National Instruments 51-102 and other relevant securities legislation. In particular, we include: statements pertaining to the value of our power controls to the energy storage market and statements concerning the use of proceeds and the Company's ability to obtain necessary approvals from the TSX Venture Exchange.

Forward-looking information is not a guarantee of future performance and involves a number of risks and uncertainties. Many factors could cause the Company's actual results, performance or achievements, or future events or developments, to differ materially from those expressed or implied by the forward-looking information. Readers are cautioned not to place undue reliance on forward-looking information, which speaks only as of the date hereof. Readers are also directed to the Risk Factors section of the Company’s most recent audited Financial Statements which may be found on its website or at sedar.com. The Company does not undertake any obligation to release publicly any revisions to forward-looking information contained herein to reflect events or circumstances that occur after the date hereof or to reflect the occurrence of unanticipated events, except as may be required under applicable securities laws.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.


Read more: PurePoint Energy and Eguana Technologies Partner...

| Source: Vectren Corporation

EVANSVILLE, Ind., March 20, 2019 (GLOBE NEWSWIRE) -- Today, Vectren Energy Delivery of Indiana – South (Vectren), a CenterPoint Energy company, announced it has received approval from the Indiana Utility Regulatory Commission (IURC) to build a 50-megawatt (MW) universal solar array in eastern Spencer County as part of Vectren’s long-term electric generation transition plan. The solar farm will be located near Troy, Ind., on approximately 300 acres and will consist of about 150,000 solar panels. Today’s approval marks the next step toward Vectren’s carbon reduction plan of lowering carbon emissions by 60% over 2005 levels by 2024.

“We are pleased to receive authorization from the IURC as the final step in the process to adding more solar electric generation to our portfolio,” said Lynnae Wilson, chief business officer, Indiana electric. “This significant renewable resource, a key piece of Vectren’s Smart Energy Future vision, will be among the largest single-sited solar farms in the state and will serve Vectren customers for decades to come.”

Vectren’s 4 MW of solar generation already in service and this planned facility, which should be fully operational in the fall of 2020, are expected to generate enough power to meet the needs of more than 12,000 households per year. When including Vectren’s 80 MW of wind power purchased through contracts with the Benton County and Fowler Ridge wind farms and its 3.2-MW landfill gas facility in Pike County, there will be enough renewable energy in Vectren’s portfolio to power more than 35,000 homes.

In October, Vectren reached an agreement with the Indiana Offices of Utility Consumer Counselor (OUCC) and the Citizens Action Coalition to create a customer-friendly rate mechanism that maximizes the available tax incentives associated with solar projects and spreads all costs evenly over a 35-year period.

Construction to support the solar farm is expected to begin later this year. First Solar, a leading global provider of comprehensive photovoltaic (PV) solar systems, will build the solar farm. Vectren worked with Orion Renewable Power Resources LLC, a joint venture between Orion Renewable Energy Group and MAP® Renewable Energy, to select, secure and develop the property.

This news release includes forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements are based upon assumptions of management which are believed to be reasonable at the time made and are subject to significant risks and uncertainties. Actual events and results may differ materially from those expressed or implied by these forward-looking statements. Any statements in this news release regarding future events, such as CenterPoint Energy’s expected decreases in carbon emissions and the timing of such decreases, the anticipated timing of completion of the project and any other statements that are not historical facts are forward-looking statements. Each forward-looking statement contained in this news release speaks only as of the date of this release. Factors that could affect actual results include timing and impact of future regulatory and legislative decisions, weather variations, changes in business plans and other factors discussed in CenterPoint Energy’s Annual Report on Form 10-K for the fiscal year ended December 31, 2018 and other reports CenterPoint Energy or its subsidiaries may file from time to time with the Securities and Exchange Commission.

About CenterPoint Energy
Headquartered in Houston, Texas, CenterPoint Energy, Inc. is an energy delivery company with regulated utility businesses in eight states and a competitive energy businesses footprint in nearly 40 states. Through its electric transmission & distribution, power generation and natural gas distribution businesses, the company serves more than 7 million metered customers primarily in Arkansas, Indiana, Louisiana, Minnesota, Mississippi, Ohio, Oklahoma and Texas. CenterPoint Energy’s competitive energy businesses include natural gas marketing and energy-related services; energy efficiency, sustainability and infrastructure modernization solutions; and construction and repair services for pipeline systems, primarily natural gas. The company also owns 54.0 percent of the common units representing limited partner interests in Enable Midstream Partners, LP, a publicly traded master limited partnership that owns, operates and develops strategically located natural gas and crude oil infrastructure assets. With approximately 14,000 employees and nearly $29 billion in assets, CenterPoint Energy and its predecessor companies have been in business for more than 150 years. For more information, visit CenterPointEnergy.com.

Media Contact: Natalie Hedde, (812) 491-5105 or This email address is being protected from spambots. You need JavaScript enabled to view it.

Read more: Vectren receives approval from IURC to...

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