SWEDEN - STING invests SEK 2m in Solarus

Solarus has developed a hybrid solar cell panel, which can generate both heat and electricity. The panels can produce up to 600 watt per m2 of heat and electrcity with a cost reduction of 30% compared to conventional systems. The Norrtäljie-based company was founded in 2006 and its technology is based on 15 years of research.

The recent capital injection will fund market commercialisation and increase production capacity.

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• Topics
• Early-stage
• Nordics