NovoPolymers has announced the development of a new range of encapsulants for PV modules. NovoVellum MF01 and NovoVellum FW01 have already been launched, whilst several others are awaiting IEC certification tests.
Existing investors Gimv and Capricorn Cleantech Fund will be joined this time by SFPI-FPIM (Société Fédérale de Participations et d'Investissement – Federale Participatie- en Investeringsmaatschappij) to pump €5.4 million to realize these new products. SFPI-FPIM has also made available extra funds to support NovoPolymers its projects in Asia.
“In close collaboration with its customers, Novopolymers is offering further improvements to the performance of photovoltaic modules, hereby reducing the unit cost per watt-peak. Only continuous technology improvements will ensure that photovoltaic technology will play a significant role in a sustainable energy future,” says Steven Levecke, investment manager at Capricorn Cleantech Fund.