Creative Power Solutions signs framework agreement with Absolicon to set up Production line in Egypt
Creative Power Solutions has signed a framework agreement with Absolicon for the installation of a production line for the T160 Solar collector in Egypt. Creative Power Solutions is a Swiss-based power generation technology company, serving the power generation segment. The total sales value covered by the agreement is estimated at € 4-5 million plus a monthly license fee of approximately € 30/sold collector and sales of components. The framework agreement prescribes the general principles for the separate agreements to be drawn up, and the steps to be taken before a binding agreement for the