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BIPV manufacturer Exasun picks up €9M

Paul van Gerven
Leestijd: 1 minuut

Dutch manufacturer of in-roof solar systems Exasun has raised 9 million euros from investors. The company located in The Hague will use the proceeds to build a new assembly line. “The expansion of BIPV in Europe and beyond requires additional production capacity,” says Exasun CEO Remon Veraart. Exasun is one of only a few PV module manufacturers in the Netherlands. Others include Energyra from Westknollendam (Zaanstad), Solarge from Weert and Elsun from Roden.

“We’re convinced that homeowners are interested in aesthetically pleasing solar panels and see it as a major advantage that with the Exasun solution a much larger part of the roof surface can be used for energy generation. Invest-NL is very pleased to contribute to the future success of Exasun and the European solar panel industry,” says Leo Holwerda, director of Capital at Invest-NL, the public investment bank that invested 3.5 million euros.

Invest-NL was joined by the ABN AMRO Sustainable Impact Fund and existing shareholders Energiiq, Dockpoint and No Such Ventures.

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