MoU signed for the delivery of turnkey energy solutions
Order value of around € 10 million expected
Customer is one the top 15 mobile network operators worldwide
One of the world’s largest mobile network operators from the Middle East has signed a Memorandum of Understanding („MoU“) for the use of Heliocentris’ energy efficiency solutions in one of it’s mobile networks. The total revenue potential with this client is estimated to be around € 20 million over the next two to three years in this mobile network alone. In addition, this customer operates mobile networks with similar potentials in more than 15 other regions.
Ayad Abul-Ella, CEO of Heliocentris Energy Solutions AG: “Being selected as the supplier for such energy efficiency solutions by one of the largest mobile network operators worldwide is the biggest success so far in the history of Heliocentris. We had to defeat a couple of much bigger competitors in a tender process that went for almost one year and over several rounds. Upgrading the first 240 sites of this mobile network is expected to yield about € 6 million over the next twelve month. This is more turnover than we achieved with all customer over the complete year 2012 in the industry segment. Therewith our chances are good that after more than doubling our revenue last year, we can double revenues this year again. And as we deliver this growth mainly out of the existing resources, we get a significant step closer to our target of achieving break-even over the course of 2014.”
The first five energy systems shall already be delivered in July of this year. Thereafter the customer intends to upgrade seamlessly the remainder of the around 240 sites. Prerequisite for this is the successful proof of concept in the next two to three months. The expected total revenue from upgrading these sites including services and licenses, is expected to be around € 10 million cumulated over the next 5 years.
Michael Kutschenreuter, General Manager of Heliocentris Middle East Africa: “We consider this project as the beginning of a long-term relationship with one of the largest mobile network operators in the region. With this in mind it is our goal to build a basis for comparable rollouts in many countries in the Middle East as well as North Africa and Central Asia. Our team in Dubai is looking forward to this challenge and we are sure to create another positive reference with this customer for the entire region.”
The Genset Efficiency solutions from Heliocentris allow the reduction of operating costs of mobile base stations by up to 75%. Heliocentris was able to provide the proof of functionality, for example with the telecommunications company du from the United Arab Emirates. With the Heliocentris solutions already implemented in parts of its network, du could reduce its fuel consumption by more than 1.1 million liters and CO2 emissions by more than 2,500 tons over the course of 2012.
Heliocentris develops, distributes and operates energy efficiency and autonomous power solutions to customers in industry, science and education worldwide. The company with its headquarter in Berlin and branches in Munich, Dubai and Johannesburg was founded in 1995 and aims to replace diesel generators with economically viable “zero-emission-solutions”. More information is available at www.heliocentris.com.
This press release contains forward-looking statements that are based on current assumptions and forecasts of the management of Heliocentris Energy Solutions AG. Known and unknown risks, uncertainties and other factors could lead to material differences between the forward-looking statements given here and the actual development, in particular the results, financial situation and performance of our Company. The Company assumes no liability to update these forward-looking statements or to conform them to future events or developments. The information in this press release does not constitute an offer of securities for sale or a solicitation of an offer to purchase securities in the United States or any other country.
For more information on: Heliocentris