Valoe Corporation’s administrator, Mr Pekka Jaatinen, Attorney, has submitted his preliminary report in accordance with the Restructuring of Enterprises Act. The Administrator’s preliminary report concludes that the Restructuring Proceedings Continue.
The new Solar Energy Glass innovation is jointly developed by PV technology specialist Valoe Oyj and glass construction company Itä-Helsingin Lasi Oy. The Solar Energy Glass transforms the glass surfaces of buildings into solar energy power plants.
The GIANTS (Green Intelligent Affordable New Transport Solutions) EU project offers technology solutions that enable the production of affordable light electric vehicles (L5, L6 and L7) for global urban traffic.
How can the millions of tuk-tuks in the world's cities be replaced by clean electric vehicles? To enable the change, the production of new vehicles must be local, technically simple and cost-effective.
The GIANTS project wants to respond to this need by building a concept of compatible "Lego blocks", where the interfaces of the car's functions are standardized and pre-planned. The vehicle can be assembled from compatible standard parts with little expertise. The standard blocks are scalable so that different variations are possible. ...
Julius Denafas, PhD, has been appointed on August 20, 2023 as the CEO of Valoe´s Lithuanian cell factory, Valoe Cells UAB. Since 2019, he has worked as the cell factory's operational manager. Julius Denafas reports to Valoe's solar cell business manager Jose Basso.
Julius Denafas studied at the Technical University of Denmark (DTU), (MSc., Materials and Manufacturing) 2011 and continued his studies at the Kaunas University of Technology (KTU) with a PhD in 2019. His topic was reducing the environmental impact of solar cells and panels.
During his working career, Julius has gathered versatile experience in solar cell technology, initially as a researcher at the Fraunhofer Institute...
Valoe Oyj has received an order from a USA headquartered global consumer electronics company for developing Solar Cell Designs and producing specific Customized IBC (Interdigitated Back Contact) Cell prototypes. The development project commences immediately and is estimated to take about five months. The research and development team at Valoe’s Lithuanian factory will be responsible for producing the prototypes. The value of this development phase is about EUR 130,000.
The parties aim to continue their cooperation once new cell designs are ready. According to the existing plan of the Customer the mass production of the customized solar cells for the customer’s application at the Valoe factory in Lithuania starts during the first quarter of 2024.
Valoe Oyj is a vertically integrated solar electricity company with PV cell and module manufacturing.
We are able to customize the properties of solar cells and panels as well as the manufacturing technology according to the object and the customer's requirements.
At our Lithuanian plant, we manufacture double-sided solar cells using IBC (Interdigitated Back Contact) technology. In IBCs, the electrical wires are on the back and the entire front produces electricity.
At our Juva plant, we manufacture Valoe OddForm® modules that can be integrated into various surfaces, like vehicles, as well as
standard mounted solar modules and efficient bifacial modules.
A customized solar panel requires purpose-built manufacturing equipment. We manufacture Valoe OddForm® modules at our factory or design and manufacture new production lines at the customer's premises.
We design and install different types of manufacturing lines for different module types. The cells and modules may be modified to meet customers' needs.
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