Industrial Solar Awarded 196k€ for R&D Project SUSHEAT

Industrial Solar GmbH, a subsidiary of Clean Industry Solutions Holding Europe AB (CISH), has signed a Grant Agreement for an R&D Project from Horizon Europe. The R&D Project, known as SUSHEAT, has a total funding volume of 4.7 m€, of which 196 k€ are awarded to Industrial Solar.

Clean Industry Solutions’ subsidiary Industrial Solar GmbH, a technology and solution provider of tailor-made solar energy solutions for solar heat and energy supply for industrial processes, is participating in a consortium for the Horizon Europe research and development project SUSHEAT. SUSHEAT is the acronym for the Project Title Smart Integration of Waste and Renewable Energy for Sustainable Heat Upgrade in the Industry, and follows the Horizon Europe topic Development and pilot demonstration of heat upgrade technologies with supply temperature in the range 150-250°C.
The project brings Industrial Solar into a consortium together with other innovative companies and institutions across Europe, where Industrial Solar’s flagship technology, the Fresnel Collector, will be one of the technologies integrated into the solution. The project will be started in May 2023 and will last for a duration of 48 months, with a total funding volume of 4.7 m€. Industrial Solar will receive 196 k€.

This disclosure contains information that Clean Industry Solutions Holding Europe is obliged to make public pursuant to the EU Market Abuse Regulation (EU nr 596/2014). The information was submitted for publication, through the agency of the contact person, on 12-04-2023 10:14 CET.