Press Releases


08-07-2020 Industrial Solar GmbH receives first payment from Horizon 2020 Project FRIENDSHIP

 

Industrial Solar is one of the partners and beneficiaries of the European Horizon 2020 project 'FRIENDSHIP'. Today, Industrial Solar GmbH received the first tranche of 220.000 € of its total funding volume of 456.000 €.

 

Solar heat is already used for Agro-Food industrial processes, mainly under 120°C. The FRIENDSHIP project aims to demonstrate that solar heat can also be a reliable, user-friendly, high-quality and cost-effective resource to meet heat requirements for other industrial sectors such as Textile, Plastics, Wood, Metal and Chemistry. The total funding volume is €5 million...

 

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02-07-2020 Industrial Solar Holding Europe AB: Life Cycle Analysis by Swiss Paul Scherrer Institute proves Industrial Solar’s LF-11 Fresnel Collector as environmentally friendly heat source for Climeworks direct air capture technology

 

Within the frame of the Swiss case study of Horizon 2020 ACT project ELEGANCY – Enabling a low-carbon economy via hydrogen and CCS (https://www.sintef.no/elegancy), researchers at the Paul Scherrer Institute (PSI) conducted a Life Cycle Analysis of Industrial Solar’s LF-11 Fresnel Collector. The impressive results prove the unique collector design of Industrial Solar to be an outstanding environmentally friendly heat generation technology that can support the scale up of solutions like Climeworks’ direct air capture...

 

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02-07-2020 Industrial Solar Holding Europe AB: Industrial Solar Holding Europe AB accomplishes share issue for acquisition of SolarSpring GmbH

 

On July 1, the board of Industrial Solar Holding Europe AB announced that the share issue for the acquisition of the German SolarSpring GmbH has been accomplished.

 

In January of this year, Industrial Solar Holding Europe AB (ISHE) announced that the Board of Directors had resolved to launch a rights issue of SEK 24.7M with preferential rights for existing shareholders. Background of this right issue was the intend to acquire the company SolarSpring GmbH, an equipment manufacturer of innovative membrane-based water treatment systems. The rights issue was oversubscribed by 14.5 percent and thus, the acquisition of SolarSpring was initiated...

 

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30-06-2020 Industrial Solar Holding Europe AB: Industrial Solar GmbH joins Austria Solar

 

Industrial Solar GmbH proudly announces its membership in the Austria Solar industry association.

 

On June 25th, 2020, the board of Austria Solar decided to admit Industrial Solar GmbH in their association. Austria Solar brings together most well-known suppliers of solar heating systems. The association was founded 1999 in Vienna and represents the interests of over 100 companies, from manufacturers and suppliers to dealers and installers...

 

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16-06-2020 Industrial Solar Holding Europe AB: Bulletin from Industrial Solar Holding Europe AB Annual General Meeting 2020

 

The annual general meeting of Industrial Solar Holding was held on Wednesday, 15th of June in Härnösand. At the AGM 3.585.341 (31,46 %) shares were represented.

 

Christian Zahler, CEO of Industrial Solar GmbH addressed the AGM to provide an update on the company strategy and result for 2019. The parent company income statements and balance sheets were adopted. The Board of Directors were discharged from liability for the financial year 2019...

 

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29-05-2020 Industrial Solar Holding Europe AB: Industrial Solar Holding Europe AB: Summary Interim Report Q1/2020

 

Summary of the 1st quarter report  

 

1st Quarter from 01.01.2020 to 31.03.2020 (01.01.2019 – 31.03.2019)

  • The company´s sales amounted to 577 (421) TSEK
  • Increase in finished goods, inventories and work in progress 0 (0) TSEK
  • ... 

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28-05-2020 Industrial Solar Holding Europe AB: Uppdaterad/Updated version: Förslag till beslut bolagsstämma 2020 / Proposed decision AGM 2020

 

Annual General Meeting of Industrial Solar Holding Europe AB (publ) will be held on Monday June 15th, 2020 at 14:00 at Fiskaregatan 11, 871 33 Härnösand.

 

Item 10b: Provisions on profit or loss

 

No dividend is proposed. The Board proposes to balance the loss onto new account.

 

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28-05-2020 Industrial Solar Holding Europe AB: German engineering for clean water all over the world

 

On March 23, 2020, ISHE AB acquired 100% of the German company SolarSpring GmbH. Read more about the recent successful and international projects conducted by the Fraunhofer ISE spin-off.

 

In Germany, 25 percent of the fresh water consumed each year is used for industrial purposes. SolarSpring GmbH from Freiburg has developed a solution for the recovery of this resource, based on membrane technology...

 

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26-05-2020 Industrial Solar Holding Europe AB: Proposal from Election Committee

 

Two new board members are proposed and Absolicon Solar Collector AB’s former chairman Olle Olsson is proposed to take over the chairmanship of Industrial Solar Holding Europe AB.

 

ISHE is listed on the Spotlight Stock Market and now owns two German innovative companies – Industrial Solar GmbH, a world leader in solar energy solutions for industries, and the newly acquired SolarSpring, a company offering cutting edge membrane distillation technology for waste water recycling and water purification...

 

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25-05-2020 Industrial Solar Holding Europe AB: Förslag till beslut bolagsstämma 2020 / Proposed decision AGM 2020

 

Annual General Meeting of Industrial Solar Holding Europe AB (publ) will be held on Monday June 15th, 2020 at 14:00 at Fiskaregatan 11, 871 33 Härnösand.

 

Item 10b: Provisions on profit or loss

 

No dividend is proposed. The Board proposes to balance the loss onto new account...

 

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19-05-2020 Industrial Solar Holding Europe AB: Annual Report 2019

 

Industrial Solar Holding Europe AB publishes its Annual Report 2019

 

2019 was another year the company managed successfully. Here is a summary of the main activities and achievements:

 

Market and Sales

 

We continued to invest heavily in building up a strong sales pipeline by developing individual projects to advanced stages. Our sales pipeline grew in 2019 by 200 MW (to a total volume of about 1.4 GW). Four end-users have already signed letters of intent. In September, we started a three-year project with the German Development Organization (GIZ) in which we will implement the first contracting project for solar heat...

 

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18-05-2020 Industrial Solar Holding Europe AB: Kallelse till årsstämma / Notice of Shareholders Annual Meeting

 

Annual General Meeting of Industrial Solar Holding Europe AB (publ) will be held on Monday June 15th, 2020 at 14:00 at Fiskaregatan 11, 871 33 Härnösand.

 

Right to participate

 

Shareholders wishing to participate in the Annual General Meeting must be included in the share register kept by Euroclear Sweden AB no later than Tuesday, June 9, and report their participation in the Annual General Meeting no later than Friday, June 12th, 2020 at 10:00 am...

 

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20-04-2020 Industrial Solar Holding Europe AB: Industrial Solar and Kyotherm jointly offer Solar Process Heat solutions without capital investments for end users

 

Besides optimal technology for solar process heating solutions, our clients also require suitable financing packages. To meet the later, Industrial Solar has signed a Memorandum of Understanding with Kyotherm to jointly offer industrial companies solar process heat as a service - without capital investment requirements for the end users...

 

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24-03-2020 Industrial Solar Holding Europe AB: Acquisition of SolarSpring GmbH accomplished

 

Today Industrial Solar Holding Europe AB (ISHE) announced the acquisition of SolarSpring GmbH, a Freiburg-based company that provides water cleaning solutions for industrial wastewater using an innovative membrane distillation technology. The SolarSpring wastewater cleaning solution has a complementary fit with solar energy and can be powered with Industrial Solar's thermal energy solutions...

 

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19-02-2020 Industrial Solar Holding Europe AB: Summary Interim Report Q4/2019

 

Summary of the year-end report  

 

Months from 01.01.2019 to 31.12.2019 (01.08.2018 to 31.12.2018)

  • The company's sales amounted to 827 (2.197) TSEK
  • Increase in finished goods, inventories and work in progress 0 (0) TSEK
  • Other operating income 2.015 (63) TSEK ...

 

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 07-02-2020 Industrial Solar Holding Europe AB: Correction: ISHE AB's rights issue was oversubscribed

 

Earlier today, February 7, 2020, a press release was incorrectly published without the Market Abuse Regulation (MAR). The information in the press release is of MAR nature. The full press release, with reference to MAR, can be found below.

 

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07-02-2020 Industrial Solar Holding Europe AB: ISHE AB's rights issue was oversubscribed

 

The final result of the rights issue in Industrial Solar Holding Europe AB (publ) ("Industrial Solar" or the "Company"), in which the subscription period ended on 5 February 2020, amounts to 2,559,193 shares subscribed for in the rights issue with subscription rights, which corresponds to approximately 67.4 percent of the rights issue ...

 

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30-01-2020 Industrial Solar Holding Europe AB: Industrial Solar expands its sales network through cooperation with strategic partners

  

Strong cooperation with partners in target markets and sectors are a core element of the sales strategy of Industrial Solar. Recently, the company has signed new agreements which strengthen its position in the market ...

 

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28-01-2020 Innovative and cost-efficient solution for rooftop integration of Fresnel solar collectors

 

Industrial Solar launches a new version of its LF-11 Fresnel collector that reduces both costs and weight of the substructure by up to 50%. The new feature uses integrated lightweight platform walkways along the collector structure, permitting integration onto uneven roofs ...

 

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27-01-2020  Industrial Solar Holding Europe AB: Industrial Solar installs Organic Rankine Cycle Turbine in Qatar 

 

Today Industrial Solar started the installation of a solar thermally driven Organic Rankine Cycle Turbine in Doha, Qatar. The showcase project is an upgrade for a Fresnel Collector built in 2013 at the Qatar Foundation Science and Technology Park ...

 

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22-01-2020 Industrial Solar Holding Europe AB: Higher efficiency at lower costs - Industrial Solar’s LF-11 Fresnel collector cracks the mark of 70% optical efficiency

  

The engineers of Industrial Solar are constantly working on their Fresnel collector design to increase efficiency and to bring down cost. A raytracing study by Fraunhofer ISE proved that they were successful as the optical efficiency reached the 70% mark ...

 

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20-01-2020 Industrial Solar Holding Europe AB: Industrial Solar on TV

  

The German TV channel "Welt der Wunder" produced a documentary about Industrial Solar for their new format "Green Life" which will be broadcast in the coming weeks. The video has been published today on Youtube with Swedish and English subtitles ...

 

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16-01-2020 Industrial Solar Holding Europe AB: ISHE AB publishes memorandum ahead of the rights issue

  

Industrial Solar Holding Europe AB (ISHE) hereby publishes the investment memorandum ahead of the company's rights issue, in which the subscription period starts on Friday January 17th, 2020. The memorandum is available on the websites of ISHE (www.industrial-solar.se) and Eminova Fondkommission (www.eminova.se). The subscription form will be available on the websites above in connection with the start of the subscription period ...

 

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09-01-2020 Spotlight: Market Notice 8/20 - Information regarding the rights issue from Industrial Solar Holding AB

  

The last day of trading in the company's shares ISHE including the right to receive subscription rights is January 13, 2020. The first day excluding the right to obtain the rights is January 14, 2020 ...

 

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08-01-2020 Industrial Solar Holding Europe AB: ISHE board decides to conduct a rights issue and to sign term sheet for the acquisition of SolarSpring GmbH

 

On 8 January 2020, Industrial Solar Holding Europe AB (ISHE) announced that the Board of Directors had resolved to launch a rights issue of SEK 24.7M with preferential rights for existing shareholders. The terms of this right issue are announced through this press release.

Background of this right issue is the planned acquisition of the company SolarSpring GmbH, a spin-off from the Fraunhofer Institute for Solar Energy systems in Freiburg and a manufacturer of innovative membrane-based water treatment systems ...

 

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09-12-2019 Industrial solar Holding Europe AB: Successful transfer of R&D project with 1.4m€ subsides for two system                        installations

 

The current Industrial Solar GmbH, which is 100% owned by Industrial Solar Holding Europe AB, has now officially taken over the H2020 SHIP2FAIR project from its predecessor company. 

 

The total funding volume granted to Industrial Solar over the project duration of three years amounts to 1.4 Mio €, with a funding rate of 75% plus an additional 25% for overheads...

 

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04-12-2019 European commission to grant €5M for research aimed to introduce solar thermal into industries

 

Industrial Solar and Absolicon are both winners within the “FRIENDSHIP” consortium, granted 5million Euro in a research project funded by EU to increase the market for solar thermal in industrial processes.

 

The European commission has identified that heating industrial processes is a vital part of the low carbon energy economy and has offered research grants to companies and institutions. As the winning research proposals are revealed, Industrial Solar and Absolicon are both beneficiaries in the granted Horizon 2020 project “FRIENDSHIP”. The total funding volume is €5 million...

 

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18-11-2019 Industrial Solar Holding Europe AB: Industrial Solar awarded European Solar Prize 2019

 

Esch-sur-Alzette (Luxembourg). The European Association for Renewable Energies and its Luxembourgian section honoured eight nominees from six different countries with the European Solar Prize 2019 on 15/11/2019 at the Campus Belval in Luxembourg’s picturesque Esch-sur-Alzette.

 

Industrial Solar won the prize in the category ‘industrial and commercial companies or farmers’. The jury honored that with their operating installations of Fresnel solar steam generators Industrial Solar proves that solar process steam is feasible, can contribute significantly to a carbon neutral process heat supply and is thus a paradigm shift towards a carbon neutral industrial heat supply...

 

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31-10-2019 Industrial Solar Holding Europe AB: Meet Industrial Solar at the Stora Aktiedagen

 

Christian Zahler, CEO of Industrial Solar Holding Europe AB, will present at the Aktiespararna Stora Aktiedagen - as well on Monday 4th of November in Göteborg as on Monday 25th of November in Stockholm.

 

There will be two Stora Aktiedagen by Aktiespararna in November

  • Stora Aktiedagen on Monday 04th of November 2019 in Göteborg
  • Stora Akteidagen on Monday 25th of November 2019 in Stockholm ...

 

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30-10-2019 Industrial Solar Holding Europe AB: Industrial Solar signs Cooperation Agreement with UNIPER SE

 

German Industrial Solar GmbH, which is 100% owned by Industrial Solar Holding Europe AB,  signed today a cooperation agreement with UNIPER SE concerning the use of solar process heat in industry.

 

Freiburg/Düsseldorf October 30, 2019 – The thermal energy required for industrial processes amounts to roughly 25% of the global final energy demand. The potential for solar process heat for industrial applications is huge, but so far it remains an untapped potential as fossil fuel prices and carbon taxes stay low...

 

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18-10-2019  Industrial Solar Holding Europe AB: Industrial Solar's Fresnel Solar Steam Generator awarded a "Solar Impulse Efficient Solution" Label 

 

Industrial Solar’s direct steam generation based on its LF-11 Fresnel collector technology has been awarded the “Solar Impulse Efficient Solution“ label.

 

The “Solar Impulse Efficient Solution” label seeks to bridge the gap between ecology and economy, bringing together protection of the environment and financial viability to show that these solutions are not expensive fixes to problems, but rather opportunities for clean economic growth...

 

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16-09-2019 Industrial Solar Holding Europe AB: Industrial Solar GmbH enters into a development partnership with the German Corporation for International Cooperation (GIZ)

 

The parties jointly foster the initiation of heat purchase agreements for solar process heat in Jordan.

 

On September 16, 2019, Industrial Solar GmbH, a 100% subsidiary of Industrial Solar Holding Europe AB, signed a partnership agreement with the German Corporation for International Cooperation (GIZ). The objective of the three-year project is to foster heat purchase agreements for solar process heat in Jordan. The total project volume is going to exceed 400 k€, of which Industrial Solar will receive direct public support of 173.5 k€...

 

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30-08-2019 Industrial Solar Holding Europe AB: Summary Interim Report Q2/2019

 

Summary of the 2nd quarter report  

2nd Quarter from 01.04.2019 to 30.06.2019 (01.04.2018 – 30.06.2018*) 

  • The company´s sales amounted to 53 (0) TSEK
  • Increase in finished goods, inventories and work in progress 0 (0) TSEK
  • ...

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28-08-2019 Industrial Solar Holding Europe AB: Industrial Solar"s project chosen to be presented at the "100% RHC Event" in Helsinki

 

Our system for solar thermal steam generation and solar thermal cooling installed at our customer JTI in Amman/Jordan has been selected to be presented at the "100% Renewable Heating and Cooling for a Sustainable Future" event on 28 October 2019 in Helsinki, Finland...

 

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09-07-2019 Industrial Solar Holding Europe AB: Eurostar SimpleSolar application did not find sufficient funding this time

 

Due to insufficient national funding, the Consortium behind the SolarSimple was unable to pass its application, although the project passed the threshold for obtaining funds. But the parties also cooperate in more other applications under the EU research funding system H2020...

 

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24-06-2019 Industrial Solar Holding Europe AB: Industrial Solar selected by EU-Gateway

 

Following the final assessment of all applications, Industrial Solar GmbH - a wholly owned subsidiary of Industrial Solar Holding Europe AB - has been selected to participate in the EU Gateway for Business with Green Energy Technologies in Japan. The start of the program is scheduled for September 2019.

 

Industrial Solar fulfilled the eligibility criteria and thus gets the opportunity to participate in a one-week business mission focused on Green Energy Technologies in Japan...

 

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07-06-2019 Industrial Solar Holding Eurpoe AB: Eurostars states that Industrial Solars application has met the criteria

(Press release only available in Swedish)

 

 

Industrial Solar deltar i ett konsortium ”SolarSimple” som ansökt till EU-programmet Eurostar med ett projekt som sammanlagt skall omsätta 2,8 miljoner euro (varav 900 000 euro är Industrial Solar andel) där ungefär halva beloppet finansieras av stöd (d.v.s. ca 450 000 euro eller ca 4,5 MSEK finansieras av Industrial Solar). Eurekasekretariatet som handlägger ansökan har nu meddelat att vår ansökan av utvärderarna erhållit tillräckligt med bedömningspoäng...

 

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07-06-2019 Industrial Solar Holding Europe AB: Bulletin from Industrial Solar Holding Europe AB Annual General Meeting 2019

 

The annual general meeting of Industrial Solar Holding was held on Wednesday, 5th of June in Stockholm. At the AGM 3.924.262 (51,66 %) shares were represented.

 

 

Christian Zahler, CEO of Industrial Solar GmbH addressed the AGM to provide an update on the company strategy and result for 2018. The parent company income statements and balance sheets were adopted. The Board of Directors were discharged from liability for the financial year 2018...

 

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29-05-2019 Industrial Solar Holding Europe AB: Summary Interim Report Q1/2019

 

Summary of the 1st quarter report 

 

1st Quarter from 01.01.2019 to 31.03.2019 (01.01.2018 – 31.03.2018)

  • The company´s sales amounted to 421 (0) TSEK
  • Increase in finished goods, inventories and work in progress 0 (0) TSEK
  • ...

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21-05-2019 Industrial Solar Holding Europe AB: Förslag till beslut bolagsstämma 2019 / Proposed decision AGM 2019 

 

Annual General Meeting of Industrial Solar Holding Europe AB (publ) will be held on Wednesday June 5th, 2019 at 12:00 on Quality Hotel Globe, Arenaslingan 7, 121 26 Stockholm.

 

Item 10b: Provisions on profit or loss

 

No dividend is proposed. The Board proposes to balance the loss onto new account…

 

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07-05-2019 Industrial Solar Holding Europe AB: Kallelse till årsstämma / Notice of Shareholders Annual Meeting

 

Annual General Meeting of Industrial Solar Holding Europe AB (publ) will be held on Wednesday June 5th, 2019 at 12:00 on Quality Hotel Globe, Arenaslingan 7, 121 26 Stockholm.

 

Right to participate

 

 

Shareholders wishing to participate in the Annual General Meeting must be included in the share register kept by Euroclear Sweden AB no later than Wednesday, May 29, and report their participation in the Annual General Meeting no later than Tuesday, June 4th, 2019 at 10:00 am…

 

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27-02-2019 Industrial Solar Holding Europe AB: Alliance for market introduction of solar process heat in Australia

 

The companies Industrial Solar GmbH from Freiburg / Germany and Gasco Pty Ltd from Melbourne / Australia have signed a cooperation agreement to jointly develop the market for solar process heat systems for industrial applications.

 

 

During January an extreme heatwave hit Australia and temperatures reached up to 50°C. All-time temperature records fell in many parts of Australia. At the same time Australia continues to have high per capita greenhouse gas emissions. Industry is responsible for one third of total final energy consumption...

 

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26-02-2019 Industrial Solar Holding Europe AB: Summary Interim Report Q4/2018

 

Summary of the year-end report 

 

Months from 01.08.2018 to 31.12.2018 (28.04.2017 to 31.12.2017)

  • The company´s sales amounted to 2.197 (0) TSEK
  • Increase in finished goods, inventories and work in progress 0 (0) TSEK
  • Other operating income 63 (0) TSEK...

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05-02-2019 Industrial Solar Holding Europe AB: INDUSTRIAL SOLAR Change in Management

 

Tobias Schwind, Commercial Director of Industrial Solar GmbH, the wholly owned subsidiary of Industrial Solar Holding Europe AB, will take on a new role as Managing Director of the Technology Transfer Fund of the Fraunhofer Gesellschaft in Munich from August 2019. He will be responsible for Renewable Energy Technologies in particular, enabling greater access to innovations and research projects in the core business of Industrial Solar and Absolicon.

 

 

The Fraunhofer-Gesellschaft is the leading organization for applied research in Europe. Its research activities are conducted by 72 institutes...

 

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13-12-2018 Industrial Solar Holding Europe AB: Rights issue subscribed for 100% 

(Press release only available in Swedish)

 

Teckningsperioden i Industrial Solars nyemission med företrädesrätt för Bolagets aktieägare är avslutad. Emissionen tecknades till 100 procent. Bolaget tillförs därigenom en emissionslikvid om cirka 15,75 Mkr kronor före avdrag för emissionskostnader vilka beräknas uppgå till ca 0,9 Mkr.

 

 

Totalt har 2 540 527 aktier tecknats, varav 759 370 med stöd av teckningsrätter och 688 834 utan stöd av teckningsrätter enligt insända teckningsanmälningar. Sammanlagt har 1 448 204 aktier tecknats genom...

 

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05-11-2018 Industrial Solar Holding Europe AB: Industrial Solar carries out a rights issue

 

Industrial Solar Holding Europe AB (“Industrial Solar” and “the Company”) has been approved for listing on Spotlight Stock Market. Spotlight’s decision is conditional upon that the new issue is completed to at least its minimum limit.

 

 

The Board of Directors have decided, pursuant to an authorization from the Annual General Meeting of 26 September 2018, to carry out a new issue of shares with a preferential right for existing shareholders. The issue consists of a maximum of 2,540,527 shares and will bring SEK 15,751,267 into the Company...

 

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02-11-2018 Industrial Solar is approved for listing on Spotlight Stock Market 

 

Industrial Solar Holding Europe AB (“Industrial Solar” and “the Company”) has been approved for listing on Spotlight Stock Market. Spotlight’s decision is conditional upon that the new issue is completed to at least its minimum limit.

 

 

Industrial Solar is a German engineering company with expertise within solar heating systems. The Company offers full service solutions to industry customers that have a vast demand for heat generation in their production processes...

 

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