7 November 2019. KYOTHERM of France wins the International Energy Agency Solar Heating Programme (IEA SHC) SOLAR AWARD. KYOTHERM’s third-party ESCO solution creates a commercial advantage for solar thermal projects by taking on the investment costs and risks from end-users. This is the key to having a competitive investment environment from day one. CEO Mr. Arnaud Susplugas received the award on behalf of KYOTHERM during SHC 2019, the IEA SHC’s International Conference on Solar Heating and Cooling for Buildings and Industry held this year in Santiago, Chile together with the ISES Solar World Congress.

“The 2019 SHC Solar Award spotlights successful financing mechanisms for solar thermal projects. The recipient, KYOTHERM, understands solar thermal’s potential to decarbonize the energy sector, and using its novel ESCO solution will no doubt be a game-changer for the industry.” IEA SHC Chairman, Daniel Mugnier.

The SHC Solar Award recognizes an individual, company, or private/public institution that has shown outstanding leadership or achievements in the field of solar heating and cooling. With this year’s award, the IEA SHC recognizes a financial service provider that is pairing an innovative financing mechanism with solar thermal projects. “A low cost of financing has been a key success factor in the widespread development of the photovoltaic sector. Our purpose at KYOTHERM is to provide an ESCO third-party financing solution to solar thermal project developers that will have the same impact.” CEO Arnaud Susplugas

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