Important milestone for Absolicon: Selling production line to Egypt
Absolicon takes an important step on the road to global presence through the sale of a production line to partner Creative Power Solutions in Egypt worth 3.7 million euros. The production line enables local production of Absolicon's patented solar collectors, which creates added value such as shorter transports, lower prices and locally adapted solutions. This creates competitive conditions for Absolicon's solar technology as Creative Power Solutions already has a project that includes 14,000 m[2] solar collectors ready that will be produced in the newly established line in Egypt.Absolicon