Summa Defence Plc Class A · OMXHEX:SUMMA
Summa Defence Plc Class A — Savosolar — Investor Presentation (January 2016)
23 slides from Summa Defence Plc Class A's investor presentation, Jan 2, 2016
Slide 1: Solar thermal technology taken to the next level
Solar thermal technology taken to the next level Savosolar 2 January 2016 1
Slide 2: Contents
Contents • Savo-Solar in brief • Solar Thermal Energy • Market and potential • Savo-Solar’s unique technology • Goals and winning team 2
Slide 3: Savo-Solar in brief
Savo-Solar was founded in 2009 Awarded the Intersolar Award in 2011 The most efficient solar thermal collectors in the world, acknowledged internationally Listed on Nasdaq First North Sweden & Finland First million euro projects signed in 2014 3 million euros in projects currently being delivered to
Slide 4: Savo-Solar's positive track record
Savo-Solar’s positive track record • Developed innovative collectors which are the most efficient in the world • Producing competitive energy without aid of subsidies • Deliveries in 17 countries on 4 continents • First ever foreign company to successfully enter the Danish District Heating market •
Slide 5: Mission
Solar thermal technology taken to the next level Mission Accelerating the solar economy through the leading technology for competitive energy 5
Slide 6: Solar Energy - Unlimited Potential
Solar Energy - Unlimited Potential Annual Solar Energy Yield World Annual Energy Consumption • European solar thermal market size in 2013 was €2,3 bn • Long term expected growth 15% per year 6
Slide 7: Photovoltaic vs. Solar Thermal / Power vs. Heat
Photovoltaic vs. Solar Thermal / Power vs. Heat Savosolar offering Photovoltaics Solar Thermal Efficiency 8-20 % 35-85 % Installed Global Capacity (2014) 177 GW 406 GWth Annual Global Yield (2014) 200 TWh 341 TWh Markets 40 000 MW/year 70 000 MWth/year Annual Market Growth 20-100 % 10-25 % • Photovo
Slide 8: Solar thermal energy has the greatest potential of all renewable energy sources
Solar thermal energy has the greatest potential of all renewable energy sources Example: Germany changed focus Energiewende => Wärmewende Solar thermal Wind Photo voltaic Geothermal Solar thermal Sea tidal power power (PV) power (CSP) Source IEA 2015 Installed capacity [GW] Produced energy [TWh] 8
Slide 9: Targeting the correct markets
Targeting the correct markets Markets Growth segments • 50 % of the world energy is used for • Solar district heating systems heating and cooling • Industrial process heating and cooling • Total solar thermal heating systems • Especially mining sector annual markets globally > € 7 billion • Multi-fa
Slide 10: Case: Denmark is showing the way
Case: Denmark is showing the way Denmark is leading within energy profitability • 2001 subsidies stopped for large scale solar thermal energy • The world leader in solar district heating • Market potential until 2030 € 1,3 billion A market with huge growth Heating Plan Denmark 2010 • Installed field
Slide 11: Savosolar Product Excellence
Savosolar Product Excellence Product status • Supplier of the world’s most efficient solar thermal collectors • Innovative technology leader • Heavy investments in product development • 7 patents pending to secure critical product features Core product features: • Highest efficiency and energy densi
Slide 12: Unique Technological Advantage
Unique Technological Advantage • Highly efficient optical nano-coating on absorber • Unique coating process enables the use of direct flow absorber design = best heat exchange products Long life time special aluminium alloy Conventional Savosolar Welded structure Thin walled (0,45 mm) Al-profile Hea
Slide 13: SAVOSOLAR - The Most Efficient Collector
SAVOSOLAR - The Most Efficient Collector 748 668 588 546 Savosolar SF100-03 High quality vacuum tube collector High quality flat plate collector Low-cost tube collector Annual yield in Sweden kWh/m2 • Comparison made by the calculation template from European Solar Thermal Industry Foundation (ESTIF)
Slide 14: Huge potential in target groups
Huge potential in target groups • Focus on segments with huge and fast growth potential • Solar district heating • Industrial systems for process heating and cooling • Concentrates on large installations, more than 500 m2 • The segment of the solar thermal market with the strongest growth and limite
Slide 15: Process heating
a Process heating savoso.ar
Slide 16: Strong position in the growing district heating market
Strong position in the growing district heating market • Two new agreements totaling € 3.0 million to be delivered by the end of April 2016 • Løgumkloster Fjernvarme (€ 1.0 million) • Jelling Varmevaerk (€ 2.0 million) • Upcoming eight tenders in December – January, all 2016 deliveries • Value € 16
Slide 17: Løgumkloster
Exchange station Energy storage Future energy storage of 150,000 m3 Heat pump 5.500 m2 Feb 2016 35,000 m2 Solar fields 9,700 m2 Future solar fields Wood pellet boiler Sustainable energy production plant: Target when fully implemented – over 50% of the annual heating from Solar thermal energy, cost c
Slide 18: Vision
Vision Be the first-choice supplier to high performance solar installations on a global scale 18
Slide 19: Short and long term goals
Short and long term goals • Continue to be the innovative technology leader in the field • Increase the annual production capacity to about 200,000 m2 • Expand outside Europe • Double the sales revenue annually for the coming few years and reach EUR 20 million by 2019 • Through investments in produc
Slide 20: Plan for the growth and profitability
Plan for the growth and profitability 1 2 3 EUR 2 million Invest 3-5% of its Investments in capacity EUR 1 million investment revenue in product and efficiency in market development development 2015-2016 Higher capacity and efficiency => much reduced cost of product Increasing revenue to EUR 20 – 40
Slide 21: World Class Team
World Class Team Jari Varjotie, * Kaj Pischow * Patrick Jansson* Seppo Ypyä* Rosa Aimo * CEO, M.Sc. CTO, founder Sales & MD of Savosolar Finance, MBA Admin., B.Sc. founder Over 25 years top mgmt 35 years experience in the ApS, M.Sc. Several top management Over 15 years experience international exper
Slide 22: Why to invest in Savosolar
Why to invest in Savosolar • The leading technology and the most efficient collectors on the market – clean energy without aid of subsidies • Has penetrated the Danish district heating market with EUR 3 million orders • Multiple tenders in Denmark in the coming months and expanding geographically •
Slide 23: Thank you!
SAVOSOLAR - solar thermal technology taken to the next level Thank you! 23