- WKN: A2PXQD
- ISIN: DE000A2PXQD4
- Land: Deutschland
Nachricht vom 06.08.2020 | 07:55
TubeSolar AG: TubeSolar AG and sbp sonne develop innovative agricultural land spanning system - Worldwide Partnership with Stuttgart based Engineering Office sbp sonne
DGAP-News: TubeSolar AG
/ Key word(s): Alliance/Strategic Company Decision
Augsburg, 6 August 2020 - TubeSolar AG (ISIN DE000A2PXQD4, Düsseldorf Stock Exchange), manufacturer of innovative robust thin-film tubes for solar energy generation with a focus on applications in agriculture (agricultural photovoltaics), has entered into a global partnership with renowned engineering office schlaich bergermann partner - sbp sonne gmbh from Stuttgart. Together with sbp's expertise for efficient constructions for solar systems, a cost-effective and environmentally friendly form of power for the TubeSolar modules is to be brought to market. By roofing agricultural grounds, these can be used for both agriculture- as well as for solar energy production. This presents a double source of income. An area of one hectare (100x100 meters) allows for electricity generation of approximately one megawatt.
These technical solutions are technologically very demanding. To protect the soil, the use of concrete foundations and solid steel girders is completely foregone. The steel cable construction above the agricultural grounds must, among other things, be easily installable at heights of 4 to 10 meters, be able to span up to 50 hectares, withstand extreme wind forces and high-weight loads, be compatible with fully-automatic cleaning, and guarantee optimal plant growth by accurately calculating the amount of sunlight reaching the ground.
Through innovative solar projects throughout the world, sbp sonne has demonstrated that it can develop intelligent, cost-effective solutions for solar thermal and photovoltaic power plants whilst meeting the highest standards. Through the development of components and systems for solar power technology, sbp has established a solid reputation in the field of solar energy for over 30 years and is considered a leading international engineering firm. TubeSolar AG has agreed a worldwide partnership with sbp for the realization of the construction of its spanning system, including software development for light detection and fully automatic cleaning systems. The partnership agreement is designed as a licensing model.
Jürgen Gallina, Chief Technology Officer (CTO) of TubeSolar AG: "With our thin-film photovoltaic modules, which we assemble from glass tubes, we are technologically well on the way to scaling up the existing pilot production to an annual production capacity of 250 MW in the coming years. The innovative elevation of our modules above agricultural areas is another unique selling point of TubeSolar AG. With the expected technical solution from sbp, we will reach another milestone in our pursuit of becoming a large-scale agricultural photovoltaics provider".
Markus Balz, Managing Partner of sbp sonne commented: "TubeSolar's approach is innovative and presents an important solution to the increasing demand for solar energy while simultaneously reducing CO2 emissions. It also introduces the dual use of open spaces. For us, this is a very exciting task that we are happy to solve. We intend to present the first results by the end of 2020."
About TubeSolar AG (www.tubesolar.de)
About sbp sonne (www.sbp.de/solarenergie)
This announcement does not constitute an offer document or an offer of securities to the general public in the United Kingdom to which Section 85 of the U.K. Financial Services and Markets Act 2000 applies and should not be construed as a recommendation to any person to subscribe for or purchase securities in the offer. This document is only being distributed to (i) persons who are outside the United Kingdom; (ii) persons who have professional experience in matters relating to investments falling within article 19 (5) of the U.K. Financial Services and Markets Act 2000 (Financial Promotion) Order 2005 (as amended) (the "Order") or (iii) high net worth companies, unincorporated associations and other entities falling within Article 49 (2) (a) to (d) of the Order (all such persons are referred to herein as "Relevant Persons"). Any person who is not a Relevant Person must not act or rely on this communication or any of its contents. Any investment or investment activity to which this announcement relates is available only to Relevant Persons and will be engaged in only with Relevant Persons.
This release may contain forward-looking statements. These statements are based on the current views, expectations, assumptions and information of the management of the Company. Forward-looking statements are no guarantees of future results and developments and involve known and unknown risks and uncertainties. The actual future results and developments concerning the company may therefore differ substantially from the expectations and assumptions expressed here due to various factors. These factors include, in particular, changes in the general economic and competitive situation, risks arising from developments in the financial markets, exchange rate fluctuations and changes in national and international laws and regulations, in particular with regard to tax laws and regulations, as well as other factors. The company assumes no obligation to update the statements contained in this release.
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|Listed:||Regulated Unofficial Market in Dusseldorf|
|EQS News ID:||1110527|
|End of News||DGAP News Service|
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