No Result
View All Result
  • Private Data
  • Membership options
  • Login
  • COUNTRY
    • ITALY
    • IBERIA
    • FRANCE
    • UK&IRELAND
    • BENELUX
    • DACH
    • SCANDINAVIA&BALTICS
  • PRIVATE EQUITY
  • VENTURE CAPITAL
  • PRIVATE DEBT
  • DISTRESSED ASSETS
  • REAL ESTATE
  • FINTECH
  • GREEN
  • PREMIUM
    • ItaHubHOT
      • ItaHub Legal
      • ItaHub Tax
      • ItaHub Trend
    • REPORT
    • INSIGHT VIEW
    • Private Data
Subscribe
  • COUNTRY
    • ITALY
    • IBERIA
    • FRANCE
    • UK&IRELAND
    • BENELUX
    • DACH
    • SCANDINAVIA&BALTICS
  • PRIVATE EQUITY
  • VENTURE CAPITAL
  • PRIVATE DEBT
  • DISTRESSED ASSETS
  • REAL ESTATE
  • FINTECH
  • GREEN
  • PREMIUM
    • ItaHubHOT
      • ItaHub Legal
      • ItaHub Tax
      • ItaHub Trend
    • REPORT
    • INSIGHT VIEW
    • Private Data
Home GREEN

SolarLab raises €1.6M loan from Nefco

Arctic Startupby Arctic Startup
September 26, 2024
Reading Time: 6 mins read
in GREEN, SCANDINAVIA&BALTICS
Share on FacebookShare on Twitter
– Advertisement –

Aarhus-based SolarLab has secured a €1.6 million loan from Nefco, the Nordic Green Bank, aimed at enhancing its production of customized solar facades for both new and existing buildings. The funding will support the relocation of its manufacturing operations to Denmark, the installation of a new solar panel lamination line, and the establishment of a sales office in the US. Specializing in building-integrated photovoltaics, SolarLab’s innovative facades replace traditional building materials, enabling renewable energy generation on-site.

SolarLab designs and produces customised solar facades for new and existing buildings. With its innovative technology, SolarLab is a key contributor to the green transition within the construction industry. Financing from Nefco will be used to increase production capacity to meet the growing demand for energy-efficient solutions.

SolarLab’s solar facades offer a novel and unique solution for achieving renewable energy production on-site for public buildings, parking premises and production facilities. By replacing traditional facade elements with energy-producing solar facades that create a beautiful exterior design, SolarLab not only increases the potential for solar energy generation at the source of demand but also reduces pressure on land use.

“We are pleased to support SolarLab on its growth journey. SolarLab’s integrated solar facades are a fantastic solution for producing renewable energy locally. For Nefco, it is also important that the technology reduces the environmental impact of the building itself,” comments Søren Berg Rasmussen, Investment Manager, Nefco.

The loan from Nefco will support SolarLab’s internationalisation efforts, allowing the company to expand its market presence and meet the increasing demand for its innovative technology on both domestic and international markets. The company aims to insource the manufacturing of a key component by establishing a lamination line in Aarhus, Denmark, for the solar laminates used in the production of its facade elements.

“This financing from Nefco is an important step on our international journey. We already work with the best architects and developers worldwide to create innovative solar facades that both benefit the climate and are beautiful to look at. In recent years, we have seen that demand has only gone in one direction, especially in the American market where favourable tax conditions have increased investment in renewable energy and energy renovations. Therefore, we will use part of the loan to increase our presence in the US, by opening a sales office in 2025, while continuing our efforts across our other markets,” says Peter Melchior, CTO of SolarLab.

SolarLab primarily works on large-scale construction projects such as hotels, schools, hospitals and libraries. This includes both new builds and renovations, where SolarLab replaces traditional facade elements, made from concrete, stone, wood, steel or other materials, with solar panels. This reduces the need for traditional solar parks, which take up large areas of land, and enables production of renewable energy while lowering operating costs, contributing to the goal of carbon-neutral buildings.

In recent years, there has been increased political attention on energy renovations and carbon emissions within the construction sector in both the EU and the US. This is a development that SolarLab expects will contribute to further demand and growth in the future.

To meet current demand, SolarLab needs to increase production capacity. A small part of SolarLab’s production facilities is currently located in Croatia. However, with the new loan, SolarLab will relocate its entire production process to Denmark.

“Relocating our entire production process to Denmark will allow us to achieve greater control over our value chain and to handle larger projects with greater flexibility in terms of both the size and shapes of the solar facades we produce. We will also be able to reduce the carbon footprint of both the production and transport phases as our production relies primarily on renewable energy from solar and wind in Denmark,” says Melchior.

SolarLab is headquartered in Aarhus and has been behind projects such as the Copenhagen International School in Nordhavn, Bornholm Hospital in Rønne, Red River College in Canada and Powerhouse Telemark in Norway.

– Advertisement –

Read the orginal article: https://arcticstartup.com/solarlab-raises-e1-6m-loan-from-nefco/

Gateways to Italy

Gateways to Italy – Offer your services to funds and investors willing to explore opportunities in Italy. Become a partner!

Gateways to Italy – Offer your services to funds and investors willing to explore opportunities in Italy. Become a partner!

by Partner
June 6, 2023

Sign up to our newsletter

SIGN UP

Related Posts

DACH

H3C NAVIGATE Global Summit 2025 Kicks Off in Berlin

May 23, 2025
BENELUX

Penta Infra data center in Netherlands to supply waste heat to heating network

May 23, 2025
GREEN

Bridge Data Centres inks MoU with EcoCeres to deploy HVO fuel at APAC data centers

May 23, 2025

ItaHub

Crypto-assets supervision rules in Italy, Banca d’Italia will supervise payment systems and Consob on market abuse

Crypto-assets supervision rules in Italy, Banca d’Italia will supervise payment systems and Consob on market abuse

November 4, 2024
Italy’s SMEs export toward 260 bn euros in 2025

Italy’s SMEs export toward 260 bn euros in 2025

September 9, 2024
With two months to go before the NPL Directive, in Italy the securitization rebus is still to be unraveled

With two months to go before the NPL Directive, in Italy the securitization rebus is still to be unraveled

April 23, 2024
EU’s AI Act, like previous rules on technology,  looks more defensive than investment-oriented

EU’s AI Act, like previous rules on technology, looks more defensive than investment-oriented

January 9, 2024

Co-sponsor

Premium

Funds vying for management consulting firm BIP, a CVC portfolio company. All deals in the sector

Funds vying for management consulting firm BIP, a CVC portfolio company. All deals in the sector

March 6, 2025
Private equity, Italy 2024 closes with 588 deals as for investments and divestments from 549 in 2023. Here is the new BeBeez’s report

Private equity, Italy 2024 closes with 588 deals as for investments and divestments from 549 in 2023. Here is the new BeBeez’s report

February 10, 2025
Crypto-assets supervision rules in Italy, Banca d’Italia will supervise payment systems and Consob on market abuse

Crypto-assets supervision rules in Italy, Banca d’Italia will supervise payment systems and Consob on market abuse

November 4, 2024
Venture capital investments top €1.3bn in 208 rounds as of Sep30  in Italy. They were €1.5 in all 2023. The new BeBeez Report

Venture capital investments top €1.3bn in 208 rounds as of Sep30 in Italy. They were €1.5 in all 2023. The new BeBeez Report

October 28, 2024
Next Post

Square Mile Investment Consulting & Research partners with Door to digitise its fund manager due diligence process

Germany’s real estate crisis may see further distress ahead

EdiBeez srl

C.so Italia 22 - 20122 - Milano
C.F. | P.IVA 09375120962
Aut. Trib. Milano n. 102
del 3 aprile 2013

COUNTRY

Italy
Iberia
France
UK&Ireland
Benelux
DACH
Scandinavia&Baltics

CATEGORY

Private Equity
Venture Capital
Private Debt
Distressed Assets
Real Estate
Fintech
Green

PREMIUM

ItaHUB
Legal
Tax
Trend
Report
Insight view

WHO WE ARE

About Us
Media Partnerships
Contact

INFORMATION

Privacy Policy
Terms&Conditions
Cookie Police

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • COUNTRY
    • ITALY
    • IBERIA
    • FRANCE
    • UK&IRELAND
    • BENELUX
    • DACH
    • SCANDINAVIA&BALTICS
  • PRIVATE EQUITY
  • VENTURE CAPITAL
  • PRIVATE DEBT
  • DISTRESSED ASSETS
  • REAL ESTATE
  • FINTECH
  • GREEN
  • PREMIUM
    • ItaHub
      • ItaHub Legal
      • ItaHub Tax
      • ItaHub Trend
    • REPORT
    • INSIGHT VIEW
    • Private Data
Subscribe
  • Login
  • Cart