Just over half of the world's energy demand is in the form of heat. The heat is used, among other things, to heat our homes and for industrial processes. Today, a large part of this heat is produced using fossil fuels with a large negative environmental impact as result. At the same time, energy consumption of the world is increasing rapidly as living standards improve for billions of people in developing countries. In order to ensure that they receive the same privileges as we have today, their energy needs must be met in a sustainable way.

Absolicon aims to be a leading part of the transition to renewable energy and a sustainable industry. The solar collector Absolicon T160 produces heat and steam with temperatures up to 160 C to industries and district heating directly from the sun.

During Dubai Expo 2020, Absolicon will provide the Swedish pavilion with its full heating needs. By integrating two storage tanks, solar heating will be used also during the hours the sun is down.

"It’s encouraging to be handpicked as one of the great sustainability innovations of our country and is a chance to show that we as a Swedish company are at the forefront of the development of solar thermal to real estate, district heating and industry. Our solar collector has, as the only small concentrating collector in the world, an optical efficiency of over 76%, which means that it can take advantage of a majority of solar radiation in an efficient and pass it on to various heating processes in houses and industries", says Joakim Byström, CEO of Absolicon.

World Expo 2020 Dubai

The World Expo is one of the oldest and largest international events on the planet, taking place every five years and lasting six months. It's a festival for everyone, where everyone can experience, explore, innovate and have fun by sharing ideas and working together.

Expo 2020 Dubai will be the first ever World Expo in the Middle East, Africa and South Asia (MEASA) region. The meme for Expo 2020 is Connecting Minds, Creating the Future and will showcase the best examples of collaboration, innovation and collaboration from around the world.

The building area of the Swedish pavilion, called 'The Forest', is 2370 square meters. With the goal to promote the image of Sweden abroad, trade and investment, Swedish participation will invite the public, business visitors and government initiatives to create a sustainable future.

Innovations launched at World Expos include: telephone (Philadelphia, 1876), the Eiffel Tower (Paris, 1889), the Ferris Wheel (Chicago, 1893), the X-ray Machine (Buffalo, 1901), the commercial television broadcast (New York, 1939), the IMAX (Osaka, 1970), touch screens (Knoxville, 1982) and the humanoid  robot (Nagoya, 2005).

Expo 2020 is postponed due to the covid-19 pandemic and will be held October 1, 2021 – March 31, 2022.

This information is information that Absolicon Solar Collector AB is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the contact person set out above, on August 27, 2020.

Joakim Byström vd Absolicon Solar Collector AB

E-post: joakim@absolicon.com
tel: +46-611-557000

Pressbilder: http://www.absolicon.se/nyheter/pressbilder/ 

Absolicon is a listed Swedish solar energy company, specializing in concentrated solar heating. The solar collector T160 operates up to 160°C and has the highest optical efficiency ever measured for a commercially available small parabolic trough. After achieving groundbreaking performance, Absolicon has built two robotized production lines, one in Sweden and one in China that can produce 50 MWp(th) annually, one 5.5 m2 solar collector every six minutes. The company combines solar energy research with sales of solar collector fields to industries that need heat and steam and complete robotic production lines for T160.