Absolicon Solar Collector AB

Absolicon Solar Collector AB Analysis

Name: Absolicon Solar Collector AB

Slogan: "At Absolicon, we are committed to the transition to renewable heat and envision a sustainable industry."

Description: Absolicon, a listed Swedish solar energy company, specializes in concentrated solar heating. It offers industrial heating solutions that reduce fuel costs, prevent CO2 emissions, and ensure energy security for industries. The T160, their flagship collector, boasts the highest optical efficiency ever measured for a commercially available small parabolic trough. Absolicon also developed a complete production line for the T160, capable of producing one solar collector every 6 minutes.

Founded: 2007

Industries: Energy, Oil and Gas

Headquarter: Sweden

Last Investment: kr6.20M grant investment at 12 July 2023

Last Investment Investors: European Commission

Absolicon Solar Collector AB, founded in 2007, has positioned itself as a key player in the renewable energy market. The recent grant investment of kr6.20M by the European Commission in July 2023 underscores the recognition and support it has garnered. Absolicon's focus on sustainable industrial solutions, demonstrated by the high-efficiency T160 collector and its production capabilities, bodes well for its future growth and impact on the transition to renewable heat. The company's stronghold in the energy and oil & gas industries, combined with its headquarters in Sweden, provides a strategic base for further expansion and innovation in the renewable energy sector.