Industrial Solar GmbH, a 100% subsidiary of Clean Industry Solutions Holding Europe AB, has signed a consultancy contract with the "Deutsche Gesellschaft für Internationale Zusammenarbeit" (GIZ). The cooperation will last for 3 months and will support Industrial Solar with € 51,000.
Heat supply, especially process heating, is responsible for a major of carbon emission and energy costs. For fuel importing countries, such as the Hashemite Kingdom of Jordan, heat supply based on renewable energies or energy efficiency provides great potential. Industrial Solar GmbH was awarded a consultancy contract by the "Deutsche Gesellschaft für Internationale Zusammenarbeit" (GIZ) to analyze the potential for renewable and energy efficient heat supply in Jordan.
The contract is part of the Project Development Programme (PDP) within the German Energy Solutions Initiative of the German Federal Ministry for Economic Affairs and Energy (BMWi) which is implement by the GIZ.
The contract has a total volume of € 51,000 and the project will be implemented in the second and third quarter of 2021.
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 April 7, 2021.