Solar energy technology leader Midsummer rings opening bell at Nasdaq Stockholm once again

Solar energy technology leader Midsummer one of the world's leading developers and suppliers of advanced solar solutions, has once again rung the opening bell at Nasdaq Stockholm and started the trading for its Green Bond listed on the Sustainable Bond List of Nasdaq Stockholm.

The CEO, employees and members of the board of solar energy technology leader Midsummer was today present at Nasdaq Stockholm to ring the opening bell for listing of the Green Bond at the Sustainable Bond List of Nasdaq Stockholm. Trading of the Green Bond, which was issued on 25 April 2019 with an amount of SEK 200 million [USD 20.6m], has now started on the Sustainable Bond List of Nasdaq Stockholm.

The Green Bond opens up for expansion

With the Green Bond listed on Nasdaq on the Sustainable Bond List of Nasdaq Stockholm, Midsummer will continue to expand at the factory in Järfälla, Sweden. The production capacity is being expanded and during the summer the company has received new equipment to further increase its production capacity.

"With the Green Bond listed on Nasdaq on the Sustainable Bond List of Nasdaq Stockholm we will be able to capitalize on our strong business momentum. We are encouraged by the strong interest for our strategy, business model and the interest to financially support Midsummer's continued efforts to further strengthen our leading position within the rapidly growing market for light weight thin film solar cells", said Midsummer's CEO Sven Lindström.

Midsummer has a distinct sustainability profile and sustainability is a natural and integrated part of the company's business. The proceeds from the Green Bond will be used to facilitate production and distribution of solar panels and solar cells; production of solar cell manufacturing equipment; research and development of solar panels, solar cells and manufacturing equipment as well as providing financing solutions for sales of the manufacturing systems.

Minimal carbon footprint

Midsummer's production process for thin film solar cells has a minimal carbon footprint compared to other production processes for solar modules, for example for silicon modules, which has been confirmed by life cycle analyses carried out by independent environmental analysis companies. An ever-increasing focus in renewable energy is now directed towards the total carbon footprint, i.e. not only the amount of energy that the end product consumes or produces, but also the amount and type of energy required for the manufacture and operation of the product - a discussion that has exploded when it comes to e.g. electric vehicles. Midsummer's flexible thin film solar cells have a carbon footprint of only 1/10 of what silicon panels have.

For photos of thin film CIGS solar cells and the Midsummer manufacturing equipment, please go to https://midsummer.se/press/media-gallery/ or contact Mr Lindström.

Stockholm, Sweden, August 22, 2019.

For additional information please contact:

Sven Lindström
CEO, Midsummer AB
Email: sven.lindstrom@midsummer.se
Phone: +46 (0) 8 525 09 610

About Midsummer

Midsummer is a leading developer and supplier of advanced solar energy technology solutions for the production and installation of thin film solar panels. Its business offering includes equipment for cost-effective manufacturing of thin film solar cells as well as building-integrated photovoltaic (BIPV) solutions. Midsummer's production process for thin film solar cells has a minimal carbon footprint compared to other production processes for solar modules. Midsummer's DUO system has taken the position as the most widespread manufacturing tool for flexible CIGS solar cells in the world.

Midsummer develops and markets solar panels directly to end customers from its own production and via contract manufacturers. The energy producing metal roof Midsummer solar roofs is supplied with integrated solar panels for ease of installation. Midsummer's lightweight, thin and flexible solar panels makes for an aesthetically pleasing solar roof that is also suitable to walk on.

Midsummer's proprietary technology is based on a rapid process for the production of flexible thin film solar cells using sputtering of all layers of the solar cell. The Company's share (MIDS) is traded on Nasdaq First North Stockholm with G & W Fondkommission as Certified Adviser, phone: +46 (0)8-503 000 50, email: ca@gwkapital.se. For more information, please visit: https://midsummer.se 

IMPORTANT INFORMATION

This information is information that Midsummer AB (publ) is obliged to disclose under the EU Market Abuse Regulation. The information was provided, through the contact of the above contact person, for publication at 13:30 CET on August 22, 2019.

Ökad effekt på Midsummers solceller

Det svenska solenergiföretaget Midsummer har ytterligare utvecklat sina världsledande solceller genom att öka radien på den rundade cellen från 90 till 100 millimeter. Det minskar den outnyttjade arean av modulen från åtta till enbart två procent, och därmed ökar effekten (W) med sex procent per yta utan ökade produktionskostnader.


Increased effect on Midsummer's solar cells

[Stockholm, Sweden, September 18, 2019.] Midsummer, one of the world's leading developers and suppliers of advanced thin film building integrated solar solutions has developed its world-leading solar cells by increasing the radius of the rounded cell from 90 to 100 millimeters. This reduces the unutilized area of the module from eight to just two percent, thus increasing the power (W) by six percent per area without increasing production costs.


Midsummer i samarbete med ryska teknikjätten Rusnano

Det världsledande svenska solenergiföretaget Midsummer har ingått ett ramavtal med den ryska statligt ägda teknikjätten Rusnano Group. Målet är att utveckla marknaden för kiselfria flexibla solceller i Ryssland och den Eurasiska unionen.


Midsummer signs with tech giant Rusnano

[Stockholm, Sweden, and Moscow, Russia, September 11, 2019.] Midsummer of Sweden, one of the world's leading developers and suppliers of advanced thin film building integrated solar solutions and Sunflare Manufacturing are happy to welcome the Rusnano Group to the Midsummer family.  Midsummer has entered into a Frame Agreement with the Russian government-owned technology giant Rusnano Group to develop the non-silicon flexible photovoltaics market in Russia and the Eurasian Union.


Midsummer ringer åter öppningsklockan vid Nasdaq Stockholm

Det världsledande svenska solenergiföretaget Midsummer har återigen ringt öppningsklockan på Nasdaq Stockholm och börjat handla med sin gröna obligation noterad på Nasdaq Stockholms lista för hållbara obligationer.


Solar energy technology leader Midsummer rings opening bell at Nasdaq Stockholm once again

Solar energy technology leader Midsummer one of the world's leading developers and suppliers of advanced solar solutions, has once again rung the opening bell at Nasdaq Stockholm and started the trading for its Green Bond listed on the Sustainable Bond List of Nasdaq Stockholm.


Midsummer AB (publ) offentliggör prospekt och ansöker om upptagande till handel av obligationslån på Nasdaq Stockholms lista för hållbara obligationer

Midsummer AB (publ) ("Midsummer") emitterade den 25 april 2019 ett grönt obligationslån om 200 miljoner kronor ("Obligationslånet").


Midsummer AB (publ) publishes a prospectus and applies for admission to trading of bonds on the Sustainable Bond List of Nasdaq Stockholm

Midsummer AB (publ) ("Midsummer") issued on 25 April 2019 a green bond in an amount of SEK 200 million (the "Bond").


Midsummer ABs delårsrapport för första halvåret 2019

Solenergiföretaget Midsummer AB (publ) presenterar idag sin delårsrapport för det andra kvartalet 2019. Midsummer uppvisar under det första halvåret en nettoomsättning på 133,4 miljoner kronor och ett rörelseresultat på 11,0 miljoner kronor. Bolaget har under det andra kvartalet 2019 bland annat inlett ett samarbete med Sveriges största tillverkare av takpannor Benders och dess nya vågiga solpanel och ökat antalet medarbetare till över 100.


Midsummer tidigarelägger publicering av Q2-rapport

Solenergiföretaget Midsummer AB (publ) meddelar idag att bolaget kommer att tidigarelägga offentliggörandet av delårsrapporten för perioden januari-juni 2019 till fredagen den 16 augusti istället för fredagen den 23 augusti som tidigare kommunicerats.


Första installationen genomförd i Kivik av Midsummers nya förbättrade integrerade solcellstak

Det världsledande svenska solenergiföretaget Midsummers nya och smalare energiproducerande plåttak "Midsummer solar roofs" har framgångsrikt installerats på ett hustak i Kivik, Skåne. Det är den första installationen i landet av det nya taket. Taket är ett vackert falsat plåttak som är integrerat med Midsummers tunnfilmssolpaneler och med en hög effekt.


Kommuniké från Midsummer ABs (publ) årsstämma

Vid Midsummer ABs (publ) årsstämma den 28 maj 2019 fattades följande beslut:


Midsummer erhåller gott betyg för miljöfokus i Sustainalytics ESG Risk Rating

Sustainalytics, en oberoende global aktör inom ESG-utvärdering (Environmental, Social and Governance), samt forskning och analys av bolagsstyrning, placerar det svenska solenergiföretaget Midsummer i topp av halvledarföretag i världen tack vare företagets miljöfokus.


Förslag till ny styrelse samt ny huvudansvarig revisor

De större aktieägarna i Midsummer AB (publ) meddelar att Eva Kristensson föreslås som ny styrelseledamot inför årsstämman den 28 maj 2019. Vidare föreslås omval av Jan Lombach, ordförande, Sven Lindström, Liang Gao och Philip Gao som ledamöter. Hans Lindroth har undanbett sig omval.


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