Alfa Laval Wins Another Large Solar Power Order, This Time in South Africa

Regulatory News:

Alfa Laval (STO:ALFA) – a world leader in heat transfer, centrifugal separation and fluid handling – has received an order from Abengoa to supply Alfa Laval Packinox heat exchangers to a concentrated solar power plant in South Africa. Delivery is scheduled to be finalized in 2014. Due to a confidentiality agreement Alfa Laval is unable to disclose the exact value of the order.

The Alfa Laval Packinox heat exchangers, specifically developed for this application, will be the heart of the thermal storage system where heat from solar power is stored in molten salt, thereby enabling electricity production even on rainy days or at night. The solution will allow the plant to operate for additional hours on stored energy, in this case an additional 3 hours (from 12 to 15 hours) which is a 25 percent efficiency increase compared to normal daytime solar power production.

"Last year we announced an order to the world’s largest solar power plant in the US for the same unique solution”, says Lars Renström, President and CEO of the Alfa Laval Group. "This order confirms the unmatched energy efficiency of our Alfa Laval Packinox heat exchangers for this innovative application.”

Did you know that … all of Europe’s energy needs could be met by capturing less than 1% of the light falling on the Sahara and Middle Eastern deserts alone? (Source, the Guardian)

About Alfa Laval

Alfa Laval is a leading global provider of specialized products and engineering solutions based on its key technologies of heat transfer, separation and fluid handling.

The company’s equipment, systems and services are dedicated to assisting customers in optimizing the performance of their processes. The solutions help them to heat, cool, separate and transport products in industries that produce food and beverages, chemicals and petrochemicals, pharmaceuticals, starch, sugar and ethanol.

Alfa Laval’s products are also used in power plants, aboard ships, in the mechanical engineering industry, in the mining industry and for wastewater treatment, as well as for comfort climate and refrigeration applications.

Alfa Laval’s worldwide organization works closely with customers in nearly 100 countries to help them stay ahead in the global arena.

Alfa Laval is listed on Nasdaq OMX, and, in 2011, posted annual sales of about SEK 28.6 billion (approx. 3.2 billion Euros). The company has today about 16 000 employees. www.alfalaval.com

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