Press releases
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2023
2023-11-29 17:30
Advanced Soltech changes its liquidity provider to Carnegie Investment Bank AB.
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Advanced Soltech has terminated the liquidity provider assignment with Erik Penser and has appointed Carnegie Investment Bank AB as new liquidity provider...
2023-11-16 13:00
Advanced Soltech interim report third quarter 2023
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During the quarter, the company completed the repayment of the bonds SOLT2 and SOLT3, extended the repayment date for SOLT4, and carried out a rights issue...
2023-11-09 14:45
Advanced Soltech signs two orders that genrates a total of SEK 35 million during the contract period.
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Advanced Soltech's subsidiary in China has signed two orders. A project with HuBei ChengHang Glass Co Ltd and a new project with the already existing...
2023-10-20 08:30
Advanced Soltech raises new 8-year financing with 5.9% interest
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Advanced Soltech raises 18.2 MCNY (27.3 MSEK) through an 8-year sales-leaseback agreement of a newly built facility of 6 MW. The loan has a maturity of...
2023-10-16 14:15
Advanced Soltech's SOLT4 Bond Extended at Company's Request
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On September 19, 2023, Advanced Soltech requested an extension of the SOLT2 bond with repayment due on November 8, 2023. The proposal has been approved...
2023-10-12 10:30
ADVANCED SOLTECH ANNOUNCES THAT THE REPAIR ISSUE IS REGISTERED AND THE LAST DAY OF TRADING IN ADVANCED SOLTECH’S BTA IS 17 OCTOBER 2023
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Advanced Soltech Sweden AB (publ) (the “Company” or “Advanced Soltech”) announces that the rights issue of new shares with preferential...
2023-10-04 13:00
Advanced Soltech appoints Stefan Salomonsson as new CFO
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Advanced Soltech Sweden AB (publ) is pleased to announce the appointment of Stefan Salomonsson as the company's new CFO, effective no later than December...
2023-09-15 07:30
Advanced Soltech receives new 8-year financing with 6% interest
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Advanced Soltech receives CNY 18 (MSEK 27 MSEK) through an 8-year sales leaseback agreement. The loan runs for 8 years with 6% floating interest rate and...
2023-09-14 08:50
ADVANCED SOLTECH ANNOUNCES OUTCOME OF COMPENSATION RIGHTS ISSUE
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Advanced Soltech Sweden AB (publ) (the “Company” or “Advanced Soltech”) announces the outcome of the subscription of the rights...
2023-09-06 07:30
Advanced Soltech reaches 258.3 MW installed capacity of solar power, in line with Q1 2024 targets.
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Advanced Soltech has now achieved 258.3 MW of installed solar capacity, an increase that includes the connection of two new projects totaling 6 MW. By...
2023-09-05 10:40
Advanced Soltech signs an order in China that generates a total of approx. SEK 113 million during the contract period
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Advanced Soltech's subsidiary in China, has signed a second order with ZhouShan Putuo Changhong Ship Repair Co ltd, a company that repairs and maintains...
2023-09-01 11:00
Advanced Soltech signs an order in China that generates a total of approx. SEK 113 million during the contract period
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Advanced Soltech's subsidiary in China, has signed an order with ZhouShan Putuo Changhong Ship Repair Co ltd , a company that repairs and maintains...
2023-08-30 07:30
Advanced Soltech signs an order in China that generates approx. SEK 23 million during the contract period
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Advanced Soltech's subsidiary in China, has signed an order with ZheJiang YongJie aluminum Industrial Co. Ltd, one of China's largest manufacturers...
2023-08-29 07:30
Advanced Soltech takes out new bank loan in China with 3.9% interest rate
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Advanced Soltech has been granted a 1-year, revolving, unsecured loan, with China Merchant Bank of CNY 20 million (SEK 30 million) with a fixed interest...
2023-08-28 08:45
THE SUBSCRIPTION PERIOD IN ADVANCED SOLTECH’S RIGHTS ISSUE BEGINS TODAY
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THIS PRESS RELEASE IS NOT FOR RELEASE, DISTRIBUTION OR PUBLICATION, DIRECTLY OR INDIRECTLY, WITHIN OR INTO AUSTRALIA, BELARUS, CANADA, HONG KONG, JAPAN...
2023-08-28 07:30
Advanced Soltech signs an order in China that generates approx. SEK 58 million during the contract period
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Advanced Soltech's subsidiary in China, has signed an order with HengAn (ZheJiang) Family life products, a company listed in Hong Kong and active...
2023-08-25 09:00
ADVANCED SOLTECH PUBLISHES PROSPECTUS REGARDING THE RIGHTS ISSUE
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THIS PRESS RELEASE IS NOT FOR RELEASE, DISTRIBUTION OR PUBLICATION, DIRECTLY OR INDIRECTLY, WITHIN OR INTO AUSTRALIA, BELARUS, CANADA, HONG KONG, JAPAN...
2023-08-21 08:45
FIRST DAY FOR TRADING IN ADVANCED SOLTECH’S SHARES WITHOUT THE RIGHT TO PARTICIPATE IN THE RIGHTS ISSUE
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The first day of trading in shares of Advanced Soltech Sweden AB (publ) (the “Company” or “Advanced Soltech”), without the right...
2023-08-15 16:00
Lars Höst continues as CFO at Advanced Soltech
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Lars Höst will continue as acting CFO after August 24, until the company has found a suitable replacement. The previously announced successor to Lars...
2023-08-14 14:00
China launches new carbon credit program
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China Certified Emission Reductions (CCER) is a carbon reduction program backed by the Chinese government. CCER is expected to play an important role in...
2023-08-10 15:00
Advanced Soltech interim report second quarter 2023
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CEO COMMENT: The quarter has largely been dominated by the refinancing of our outstanding bonds in Sweden. Now all maturing bonds have been repaid and...
2023-08-09 13:00
Advanced Soltech brings forward publication of financial report for Q2 2023
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Publication of Advanced Soltech's report for the second quarter will be brought forward to August 10, 2023. The previously announced date for publication...
2023-08-07 15:00
Advanced Soltech provides guidance for 2023 and 2024
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Following the refinancing in China, where Advanced Soltech's (the Company) Swedish bonds have been repaid and replaced with Chinese financing in local...
2023-07-31 14:00
Advanced Soltech will repay SOLT3 on August 3, 2023
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Advanced Soltech repays the green bond SOLT3 of SEK 148 million on August 3 with funds from the sales and leaseback solution with Jiang Su Leasing of approximately...
2023-07-24 09:45
Advanced Soltech has repaid the green bond SOLT2 on July 24
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Advanced Soltech has repaid the green bond SOLT2 on July 24 with funds from the sales and leaseback solution with Jiang Su Leasing. The bond SOLT3 will...
2023-07-17 10:00
Advanced Soltech hires Erik Penser Bank as liquidity provider
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Advanced Soltech Sweden AB (publ) ("Advanced Soltech" or the "Company") hereby announces that the Company engages Erik Penser Bank...
2023-07-07 15:00
Information on repayment of bonds SOLT2 and SOLT 3
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The repayments of bonds SOLT2 (approx. SEK 128 million), ISIN: SE0010831313 and SOLT3 (approx. SEK 148 million), ISIN: SE0011231166 maturing on 10 July...
2023-06-29 18:30
Communiqué from the Advanced Soltech Sweden AB (publ). on June 29, 2023
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General meeting
Report of the AGM
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The Annual General Meeting of Advanced Soltech Sweden AB (publ) was held on Thursday, June 29, 2023, chaired by Frederic Telander, Chairman of the Board...
2023-06-29 07:30
Advanced Soltech signs three orders in China that gerates approx. SEK 47 million during the contract period
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Advanced Soltech's subsidiary in China, has signed three orders with JiangSu WanRui High-Tech Material Techonology Co. Ltd., Wuhu DongWang Handbag...
2023-06-28 11:06
Advanced Soltech repays secured bond with financing from China
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Advanced Soltech has as on June 28, 2023, fully repaid the green secured bond SOLT5 in accordance with the early redemption notification sent to the bondholders...
2023-06-20 16:00
Advanced Soltech repays the secured bond SOLT5 on 28 June and has allocated shares in the directed issue of SEK 141 million.
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Advanced Soltech will repay the green senior secured bond SOLT5 on June 28 with funds from the sales and leaseback solution with Jiang Su Leasing. The...
2023-06-19 15:00
Advanced Soltech calls for early redemption of secured bonds SOLT5
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Advanced Soltech Sweden AB (publ) announces early redemption of its outstanding senior secured green bonds SEK BOND ISIN: SE0012012680, and EUR BOND ISIN...
2023-06-15 08:45
Advanced Soltech Sweden AB (publ) has resolved on a directed share issue of SEK 141 million which is fully subscribed, and a subsequent compensation issue for other shareholders in an amount of 99 MSEK
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The Board of Directors of Advanced Soltech Sweden AB (publ) ("Advanced Soltech" or the "Company") has on June 14, 2023, as part of...
2023-06-13 09:30
Advanced Soltech Sweden AB (publ) enters into a refinancing sale and leaseback agreement of approx. SEK 820 million
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Advanced Soltech Sweden AB (publ) enters into a refinancing sale and leaseback agreement of approx. SEK 820 million. The first step of the agreement entails...
2023-05-22 17:00
Notice of Annual General Meeting in Advanced Soltech Sweden AB (publ).
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Advanced Soltech Sweden AB (publ), Reg. No. 559056-8878, (the “Company”) gives notice of the Annual General Meeting to be held on Thursday...
2023-05-10 13:00
Advanced Soltech interim report for first quarter 2023
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CEO COMMENT: During the quarter, we focused on the work of refinancing our outstanding bonds with the aim of creating conditions for continued profitable...
2023-04-26 14:00
New date for publication of Advanced Soltech’s interim report for the first quarter of 2023
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Advanced Soltech Sweden AB (publ) will publish the interim report for the first quarter of 2023 at latest May 10th 2023, as originally announced, instead...
2023-04-19 08:30
New date for publication of Advanced Soltech's interim report for the first quarter of 2023
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Advanced Soltech Sweden AB (publ) will publish the interim report for the first quarter of 2023 on April 27, 2023, instead of the previously announced...
2023-04-11 10:00
Advanced Soltech signs two orders in China, generating a total of approx. SEK 124 million
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Advanced Soltech's subsidiary in China has signed two orders with Anhui Shenghuabo Automobile Electric Appliance Co Ltd and Anhui Shenghuabo Automobile...
2023-04-05 09:00
Advanced Soltech Sweden AB (publ) releases Annual Report for 2022
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We continue to expand our capacity and by the end of 2022 have reached 250 MW of revenue generating solar installations installed on our customers&rsquo...
2023-02-28 07:30
Advanced Soltech signs an order in China that generates a total of approx. SEK 196 million over the contract period
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Advanced Soltech's subsidiary in China, has signed an order with SuQian Huida Pastoral Industry Development, a company that manufactures agricultural...
2023-02-27 07:30
Advanced Soltech appoints Johan Edin as new CFO
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Staff change
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Advanced Soltech Sweden AB (publ) has appointed Johan Edin as the new CFO of the Company, taking office no later than August 2023. Johan succeeds Lars...
2023-02-23 13:00
ADVANCED SOLTECH YEAR END REPORT 2022
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CEO comment: During the quarter, demand from Chinese customers remained high and new orders corresponding to 14.5 (28.9) MW were signed. Revenues amounted...
2023-02-16 07:30
Advanced Soltech signs two orders in China, that generates a total of approx. SEK 56 million during the contract period
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Advanced Soltech's subsidiary in China has signed two orders with Chinese industrial companies. The orders concern installations of solar energy facilities...
2023-02-01 07:30
Advanced Soltech's bond SOLT2 is extended in accordance with the company's request
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Advanced Soltech requested on January 4, 2023, an extension of the SOLT2 bond with repayment on February 28, 2023. The proposal has been voted through...
2023-01-05 07:30
Advanced Soltech's bond SOLT5 is extended in accordance with the company's request
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Advanced Soltech announced on December 16 that the Company intended to request an extension of the SOLT5 bond with repayment on January 25, 2023. The proposal...
2023-01-04 07:30
Advanced Soltech requests an extension of the SOLT2 bond
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As previously communicated on December 16, 2022, through press release, Advanced Soltech requests an extension of the terms for the SOLT2 bond. Complete...