Paul van Gerven
15 September

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.

Exasun
Credit: Invest-NL

“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.