Solar thermal technology taken to the next level. Solar District Heating Technology and Market Overview Miika Kilgast

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Solar thermal technology taken to the next level Solar District Heating Technology and Market Overview Miika Kilgast

Savo-Solar Plc is offering solar thermal energy solutions to industrial sized installations Savo-Solar was founded in 2009 Awarded from the innovational absorber solution in the Intersolar Award in 2011 The most efficient solar thermal collectors in the world, acknowledged internationally Listed on Nasdaq First North Sweden & Finland Subsidiaries in Denmark (2014) and in Germany (2017) About 40 employees Revenue in 2016: 5,4 million euros 2 Savo-Solar Plc

The highest efficiency in markets: The unique absorber construction allows us to make selective optical coating on complete absorbers working with direct flow principle -> much more efficient heat transfer than with other products Collector size up to 15 m² allows us: to reduce installation costs to get higher energy density of available land/roof area Conventional Welded structure with moderate heat transfer properties Savosolar Thin walled Al-profile with superior heat transfer properties 3 Savosolar offering

HEATING PLANT DISTRICT HEATING PROCESS HEAT Solar thermal and District heating

HEATING PLANT COLLECTOR FIELD T out up to 100 ᵒC HEAT STORAGE DISTRICT HEATING PROCESS HEAT Solar thermal and District heating

Heat storages buffer tank and seasonal storage

Our customers are facing Constantly rising energy prices Business models without the possibility to forecast energy costs Public pressure and legal obligations to lower greenhouse gas emissions Politically dependent fuel costs and fuel availability Business environment

Our customers are facing Constantly rising energy prices Business models without the possibility to forecast energy costs Public pressure and legal obligations to lower greenhouse gas emissions Politically dependent fuel costs and fuel availability Savosolar offers Complete solar thermal systems with local partners The best performance on the market Lowest long term energy cost 25 to 45 /MWh Energy price stability over 25 years Emission free energy, independence of fuel costs, less political dependency and environmentally responsible image Business environment

Denmark is the world leader in solar district heating Over 1000 MW thermal of solar thermal collectors connected to DH network Very good experiences with SDH during last two decades German speaking countries Energiewende => Wärmewende Copying Danish model A lot small fields in realization, large ones coming Graz 450 000 m 2 (200 M ) Other countries France: small DH plants with solar thermal Poland: solar thermal growing in DH China: Moving towards large fields Balkan countries: Several studies about integrating solar to DH Solar 9 District heating market overview

Source: S.O.L.I.D. City of Graz: 280 000 inhabitants Collector area: 450 000 m² System to be realized: 2018-2019 Solar coverage: ~20 % of total heating need Total capital expenditures: ~200 M Graz, 10 Austria system concept optimum

11 Helsinki, Finland School center heating with solar + ground heat pumps + oil burners as reserve

12 Frohnleiten, Austria Savosolar collectors installed as rain shield of brewery Thermal energy is stored in 12 m³ water storage and used in brewery processes

13 Lahti, Finland 240 m² collector area Small amount of installed PV panels produces enough electricity for needs of solar thermal system

Heat pump Wood pellet boiler Energy storage Savosolar solar fields 15 300 m 2 Løgumkloster district heating plant, Denmark 15 300 m² Savosolar solar collectors (other heat sources: pellets, natural gas, heat pumps from ST 20% of network annual heating energy need)

Heat pump Wood pellet boiler Energy storage Savosolar solar fields 15 300 m 2 Future energy storage of 150 000 m 3 Future solar field extension 35 000 m 2 Løgumkloster district heating plant, Denmark 15 300 m² Savosolar solar collectors (other heat sources: pellets, natural gas, heat pumps from ST 20% of network annual heating energy need)

Heat pump Wood pellet boiler Energy storage Savosolar solar fields 15 300 m 2 Future energy storage of 150 000 m 3 Future solar field extension 35 000 m 2 Løgumkloster district heating plant, Denmark 15 300 m² Savosolar solar collectors (other heat sources: pellets, natural gas, heat pumps from ST 20% of network annual heating energy need)

17 Jelling district heating plant, Denmark 15 300 m² Savosolar solar collectors (other heat sources: wood chips, natural gas, heat pump from ST over 20% of network annual heating energy need)

Our installation in Jelling broke the Danish daily production record during its first week of operation! 5 kwh/m² were produced during one day Jelling district heating plant, Denmark 15 300 m² Savosolar solar collectors 18 (other heat sources: wood chips, natural gas, heat pump from ST over 20% of network annual heating energy need)

Lolland Forsyning, Søllested, Denmark 4 700 m² Savosolar solar collectors The first installation with Savosolar double-glazed collectors

20 Miika Kilgast Tel: +358 50 407922 miika.kilgast@savosolar.com