Saule Technologies: The official launch of the first production line
Saule Technologies has launched the production line of revolutionary perovskite photovoltaics – printed, flexible, ultra-thin and ultra-light. It is a unique technology, and the first one in the world of its kind. On the same day, the company signed cooperation agreements worth EUR 250 million.
A dream about ultrathin, light-weight, flexible, sustainable and efficient solar cells finally came true. In Wrocław, Poland, Saule Technologies, a world leader in research into next-generation, perovskite-based photovoltaic cells, opened the first perovskite photovoltaic cells factory in the world. Saule Technologies is the first company in the world to enter the commercialization phase of this promising technology.
Almost six years have passed since with the financial help of Japanese entrepreneur Hideo Sawada, we started a project aimed at making the production line of perovskite photovoltaic cells. I am happy and proud that after the long-term stage of research, tests and hard work today we are entering the implementation phase. I believe that perovskite solar cells will help change the world for the better. It brings hope for affordable green energy for everyone and stopping climate change – says Olga Malinkiewicz, Chief Technology Officer and co-founder of Saule Technologies.
The innovative photovoltaic cells generate energy both from the sun and from artificial light. They can be applied literally everywhere – on price labels, facades of buildings, satellites in space etc.
This is a milestone in photovoltaics and a technological breakthrough for many industries. Due to its unique properties, perovskite cells can be used wherever the traditional silicon cells can’t: on the roofs of buildings with a light construction, on the windows, on TIR tarpaulins, on the bodywork of vehicles, sails, tents, laptop enclosures, even drones and IoT devices – explains Piotr Krych, CEO and co-founder of Saule Technologies.
Obvious areas of application are BIPV (Building Integrated PhotoVoltaics) and BAPV (Building Attached Photovoltaics). It was the main reason Columbus Energy S.A - a provider of services in the field of modern energy and the largest distributor of photovoltaic installations in Poland - has invested 10 million euros in the development of Saule Technologies, becoming the largest shareholder of the company and acquiring the right of priority purchase of products based on perovskite cells.
Since 1839, when Edmond Becquerel constructed the first photovoltaic cell, in the history of photovoltaics there were not many breakthroughs of equal importance, such as starting the production of perovskite cells. We can boldly say that on May 21, 2021, a new era had begun: era of photovoltaics 2.0 – comments Dawid Zieliński, president of Columbus Energy S.A.
On the opening day of the perovskite photovoltaic cells factory, Saule Technologies, along with Columbus Energy S.A., signed three-way cooperation agreements with the MVGM Group, a leader in commercial real estate management, acting on 10 European markets. The value of the investment portfolio within the signed contracts is EUR 250 million.
Saule Technologies has also initiated the process to be publicly listed. The initial public offering will take place on NewConnect – a market operated by the Warsaw Stock Exchange – later this year.
About the factory
The factory of perovskite photovoltaics opened by Saule Technologies occupies an area of approx. 5000 m². Currently, the factory includes the pilot production line, which allows the replication of all the laboratory processes in a fully automated manner. The first application of the produced perovskite photovoltaic modules will be to power IoT devices. In the meantime, parallel works on establishing a highly efficient industrial line were already initiated, aiming for a capacity of 100 MW.
About Saule S.A.
Saule Technologies is a Polish company, created in 2014 by physicist Olga Malinkiewicz and businessmen Piotr Krych and Artur Kupczunas. Currently, the company employs a team of dozens of scientists, engineers and administrative staff from nearly 20 countries, who have developed the world's first production line of printed perovskite photovoltaic cells. This innovative photovoltaic solution allows you to generate energy from both the sun and from artificial light, which is why it can be used in many spaces and utility areas.
About Columbus Energy SA
Columbus Energy S.A. is a leading provider of services on the modern energy market in Poland. The company offers comprehensive solutions in the field of renewable energy for households and business and implements long-term investments in photovoltaic farms. Columbus Energy SA It is the highest valued company on the NewConnect market. The annual, dynamic increase in the revenues of the Company places it among the largest shareholders of the photovoltaic market in Poland.