Solarge receives tranche 1 from the SolarNL Growth Fund

Solarge is pleased to announce that we received over 5.2 million euros last week from the SOLARNL Growth Fund. This substantial contribution marks an important milestone in our ambition to accelerate the development of innovative, circular solar panels. This funding will help us further realize our vision of sustainable energy and make a significant impact in the solar energy industry.

With this grant, supplemented by funding from investors, Solarge continues its development towards fully circular solar panels based on new cell technologies. Our solar panels are fully recyclable and designed with a modular approach, which means that components can be easily replaced or reused. This contributes to a longer lifespan and a lower ecological footprint.

Thanks to the support from the Growth Fund, we can not only further develop existing panels but also design new solutions that can be seamlessly integrated into buildings or vehicles. This means we are expanding our offering with Building Integrated PV (BIPV) and Vehicle Integrated PV (VIPV) products. These integrated solar solutions provide an efficient way to generate sustainable energy where it is directly consumed.

The received funding helps Solarge scale up production and enter new markets. The demand for lightweight, efficient, and sustainable solar panel solutions is growing worldwide. With the resources from the Growth Fund, we can meet this demand more quickly. Additionally, we are collaborating with strategic partners in the construction and automotive industries to combine our expertise and realize innovative solutions.

"The support from the SolarNL Growth Fund is an important step to realise our ambitions," says Gerard de Leede, CTO and co-founder of Solarge. "We are convinced that this investment will enable us to increase our impact on the solar industry and contribute to a more sustainable future."

"Albert Polman, board chairman of SolarNL: With this innovation boost for Solarge, the Dutch solar panel manufacturing industry is expanding again. Lightweight and integrated solar products are key to making our country's energy transition a success."