Tricorona och Opcon team up to finance increased export of environmental technology



Tricorona and the energy and environmental technology Group Opcon
have signed a partnership agreement concerning exports of Opcon's
energy and environmental technology that reduces climate impact. The
carbon credits generated via the Clean Development Mechanism (CDM)
established under the Kyoto Protocol will be bought and managed by
Tricorona.

The partnership agreement focuses on the sale of Opcon Powerbox and
Opcon's technology for generating carbon-free electricity from waste
heat. Marketing efforts have already started on the Chinese market,
where there are major environmental problems and industry generates
large amounts of waste heat. The partnership also covers other
markets and more Opcon products that reduce climate impact, where
joint marketing is planned to start up later this year.

- "Through additional financing based on the CDM we can help Opcon to
reach new customers around the world. With financing from the CDM
scheme this type of new, state-of-the-art environmental technology
from Sweden can be made available to developing nations who are
expanding their energy systems," says Marco Berggren, head of Tech
Transfers at Tricorona.

Clean Development Mechanism (CDM) is a flexible mechanism within the
Kyoto Protocol and complements the effort of industrial countries in
reducing their own emissions. Investment in new technology for
reduced climate impact in most developing countries generates carbon
credits within the system. In China, for example, between 0.6 and 1.1
carbon credits are generated per MWh produced from renewable energy,
depending where investment takes place in the country.

Opcon Powerbox is Opcon's proprietary product for producing new
carbon-free electricity from waste heat at temperatures as low as
55°C. A standard Opcon Powerbox is at 0,74 MW and can be installed in
large process-industry plants, power stations, larger diesel engines
or with adaption, onboard larger ships. Using waste heat, electricity
is produced from energy that would otherwise be wasted. Waste heat
has an enormous and unutilised potential. According to the US energy
department, waste heat in American industry is a larger source of
energy than electricity produced from all renewable energy sources in
the US put together.

- "This is yet another stage in Opcon's international expansion
strategy. Tricorona has an extensive network and with its knowledge
of upcoming energy projects in several developing countries the
company will be a good partner for Opcon both in finding customers
and securing financing. Carbon credits provide a significant
financial bonus for our customers. In general teams they can account
for around 3-4% of the investment cost per year, which can correspond
to around half of the customer's interest costs for their investment
in our equipment," says Per Hedebäck, head of Opcon's Renewable
Energy business area.

For further information please contact:

Marco Berggren, Head of Tech Transfer, Tricorona AB, tel. 08-506 885
80

Niklas Johansson, vice president, Investor Relations, Opcon AB, tel.
08-466 45 00, 070-592 54 53

Attachments

Press release PDF.pdf