HelioRec has received the “Solar Impulse Efficient Solution” Label,rewarding profitable solutions to protect the environment

The cost-effective floating solar technology with a circular economy approach, byHelioRec was attributed the “Solar Impulse Efficient Solution” Label following anassessment performed by external independent experts and based on verifiedstandards. It is thereby joining the #1000solutions challenge, an initiative by theSolar Impulse Foundation to select solutions that meet high standards in profitabilityand sustainability and present them to decision-makers to fast-track theirimplementation.

The current solar power plant industry is facing several challenges such as expensiveand difficult land preparation, represent up to 20-35% of the total CAPEX. In addition,power plants are traditionally prompt to have a lower efficiency due to solar panelsoverheating on the ground (every 1°C of temperature rise corresponds to a drop in theefficiency by 0.5%). To Tackle these challenges. HelioRec's solution aims to reduce theCAPEX of solar power plants, increase the efficiency of solar panels, save land space,and unlock new market opportunities.

To receive the “Solar Impulse Efficient Solution” Label, HelioRec’s technology wasthoroughly assessed by a pool of independent experts according to 5 criteria coveringthe three main topics of
Feasibility,Environmental and Profitability.

All labelled solutions are part of the #1000solutions portfolio that will be presented todecision-makers in business and government by
Bertrand Piccard, Chairman of theSolar Impulse Foundation. The aim of this initiative is to encourage the adoption ofmore ambitious environmental targets and fast-track the implementation of thesesolutions on a large scale.

About the “Solar Impulse Efficient Solution” Label
One of the first labels for positive impact businesses bringing together protection ofthe environment and financial viability, the “Solar Impulse Efficient Solution” Label isattributed following an assessment performed by external independent experts. Incollaboration with renowned institutions, solutions applying for the label must gothrough a neutral methodology based on verified standards. This label serves as anaward for clean and profitable solutions.

About the Solar Impulse Foundation
The Solar Impulse Foundation is dedicated to accelerating the implementation ofclean and profitable solutions. Moreover, the Foundation is helping decision-makers inbusinesses and governments to achieve their environmental targets and adopt moreambitious energy policies, which are necessary to pull these solutions to market. A wayto carry the success of the first solar-powered flight around the world further.



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