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Valoe´s first IBC test cells met the set quality standards
NEFCO finances Valoe Oyj’s next generation solar cell technology plant investment in Lithuania
NEFCO finances Valoe Oyj’s next generation solar cell technology plant investment in Lithuania
Valoe´s first IBC (Interdigitated Back Contact) cells manufactured at the company’s cell plant in Lithuania have reached the set quality standards in the tests run by ISC Konstanz.
Based on the test results, Valoe believes that the IBC cell plant investment and construction project, which is the most important project from the company’s strategic point of view and has lasted almost a year, will be successful.
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NEFCO finances Valoe Oyj’s next generation solar cell technology plant investment in Lithuania
NEFCO finances Valoe Oyj’s next generation solar cell technology plant investment in Lithuania
NEFCO finances Valoe Oyj’s next generation solar cell technology plant investment in Lithuania
PRESS RELEASE 6.5.2020, The Nordic Environment Finance Corporation (NEFCO) is to finance Finnish company Valoe Oyj’s investment in a solar cell plant in Lithuania through a EUR 2.5 million financing facility. Valoe´s new solar cell development ...
The Call to Action, The coalition 'Solar Europe Now' - Valoe is one of the signatories
NEFCO finances Valoe Oyj’s next generation solar cell technology plant investment in Lithuania
The Call to Action, The coalition 'Solar Europe Now' - Valoe is one of the signatories
Brussels, 5 May 2020 - The coalition ‘Solar Europe Now’, which has been officially launched today, is calling for the recognition of solar energy as a key driver to deliver on the European Green Deal ambitions. This coalition which gathers currently over 90 actors from the European solar value chain...
What is valoe doing
Valoe´s Conventional PV modules
Valoedevelops and manufactures PV modules based on back contact technology that differs from traditional module manufacturing. Back contact module does not have any metallic strings, soldered electrical conductors on their surface. The new generation of back contact modules are efficient, consistent and long lasting.
The goal of Valoe's product development is that the electricity produced by the PV modules is the greenest and cheapest on the market. The selection of all system materials aims to extend the economic life of modules up to 100 years.
All Valoe´s PV modules are manufactured in Finland and they have been awarded The Key Flag Symbol.
Valoe´s Odd Form PV modules
Valoe´s new Odd-Form modules can be integrated into devices or vehicles, opening up completely new applications for photovoltaics. Odd-Form can mean variable module sizes, shapes, structure or materials. Odd-Form module may bend and be flexible.
The Odd-Form can be, for example, glass-glass, glass-composite or composite polymer structure. Odd Form modules are customized to suit each environment or application.
IBC Cells and Other PV Module Components
In order to work optimally, the back contact technology requires IBC (Interdigidated Back Contact) solar cells. Valoe has invested remarkable in the IBC cell product development and new cell production lines. The non-wearing IBC cell will be the most efficient and long-lasting electricity generator on the market. Valoe will use new cells in its IBC modules and offer IBC cells for its customers.
The conductive back sheet is also a tailor made special component, which Valoe offers to its partners.
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Photovoltaic Systems
With photovoltaic systems Valoe is striving to efficiency, durability and long service life. The quality of the cells, the efficient back contact module and the strong glass-glass structure guarantee the best yield and the longest service life.
Efficient modules generate required amount of electricity with a smaller number of modules which reduce the power plant's investment cost.
Long service life, on the other hand, means a higher total amount of electricity produced and a cheaper price for the electricity produced.
Photovoltaic Technology
Valoe has developed photovoltaic production technology with its own innovations. If required, Valoe is able to be responsible for the entire production chain technology from wafer manufacturing to photovoltaic systems. This entity management allows design freedom for integrated products. Valoe is thus able to optimize total systems to the customer's needs, which enables the development of new applications and products as well as better electricity generation.
Valoe's strategic goal is to enter into partnership agreements or technology licenses in which the buyer commits to Valoe's production technology, for example. Valoe supplies the partner with a panel factory on a turnkey basis and guarantees the availability of production components. This allows the partner to start production quickly, either for its own needs or for electricity generation in the surrounding areas.