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Savo-Solar Oyj: Savo-Solar wins a tender for solar collector field to Ystad Energi in Sweden - contract to be specified after complaint period

Savo-Solar Plc

Company Announcement 17 November 2016 at 9.30 a.m. (CET)

Savo-Solar wins a tender for solar collector field to Ystad Energi in Sweden -
contract to be specified after complaint period

Savo-Solar has won a tender for the delivery of a solar collector field to be
installed onto the roof of the new Ystad Arena. The tenderer of the collector
field is Ystad Energi AB. The tender conditions include a two-week complaint
period, after which the negotiations on the actual contract will be started.

The tender value is approximately EUR 70 thousand and the final scope and
terms of the deal will be specified in the actual contract negotiations. This
is Savo-Solar's first complete delivery to Sweden, and therefore it is very
important to the company.


For more information:

Managing Director Jari Varjotie
Phone: +358 400 419 734

Savo-Solar Plc. discloses the information provided herein pursuant to the
Securities Markets Act and/or the Financial Instruments Trading Act. The
information was submitted for publication on 17 November 2016 at 9.30 a.m.

Savo-Solar in brief
Savo-Solar 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, Savo-Solar helps its customers to produce
competitive clean energy. Savo-Solar'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. Savo-Solar 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.
Savo-Solar's shares are listed on Nasdaq First North Sweden with the ticker
SAVOS and on Nasdaq First North Finland with the ticker SAVOH.

The Company's Certified Adviser is Mangold Fondkommission AB, tel.: +46 8 5030

This announcement is distributed by Nasdaq Corporate Solutions on behalf of Nasdaq Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Savo-Solar Oyj via Globenewswire

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