Solar encapsulant specialist NovoPolymers attracted a new investor Capital-E

Puurs, Belgium: 8 October 2013 – Solar encapsulant specialist NovoPolymers attracted a new investor Capital-E, completing a repositioning of the company in the current dynamic photovoltaic market.

New investor Capital-E led the round, and was joined by existing investors Gimv, Capricorn Cleantech Fund, Federale Participatie- en Investeringsmaatschappij (SFPI-FPIM). The additional funding is used to support the company in accelerating, its breakthrough key developments and global presence.

“Our new technologies are keeping pace with the high requirements of module innovation. Product line extensions are geared to support a higher efficiency at lower cost,” said Koen Hasaers CEO of NovoPolymers.

“Relying on our robust expertise, NovoPolymers targets new high end encapsulant solutions, and is in the final stage of testing glass-glass tailored encapsulants for launch in Q1 2014. In our technology pipeline both niche and mass applications are supported such as new thin film encapsulants, and EVA alternatives.”

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