InnoEnergy invests €2 million in NexWafe solar wafer production technology

Facebook
Twitter
LinkedIn
Reddit
Email
Mikel Lasa, InnoEnergy Iberia CEO. Source: InnoEnergy

European sustainable energy innovation company InnoEnergy has invested €2 million in solar wafer epitaxial growth technology by NexWafe that increases the efficiency of solar cell manufacturing.

The technology, known as EpiWafer, is claimed by the companies to be revolutionary in enabling manufacturers to go straight from raw material to wafer form, by cutting out several development stages that are not only costly but time-consuming. In fact, EpiWafers can save up to 50% in the costs of PV wafer manufacturing, according to InnoEnergy and NexWafe, who have teamed to commercialise the technology.

This article requires Premium SubscriptionBasic (FREE) Subscription

Unlock unlimited access for 12 whole months of distinctive global analysis

Photovoltaics International is now included.

  • Regular insight and analysis of the industry’s biggest developments
  • In-depth interviews with the industry’s leading figures
  • Unlimited digital access to the PV Tech Power journal catalogue
  • Unlimited digital access to the Photovoltaics International journal catalogue
  • Access to more than 1,000 technical papers
  • Discounts on Solar Media’s portfolio of events, in-person and virtual

Or continue reading this article for free

In a joint pilot project known as Epicomm, NexWafe will develop solar cells and modules from its wafers, with designs to scale-up significantly. The project is backed by reputable research firms including Fraunhoefer ISE, ISC Konstanz and Ecosolifer and Fill Factory.

“NexWafe’s disruptive solution has huge potential to impact the cost reduction of energy from solar power. It’s an extremely promising investment,” said Mikel Lasa, InnoEnergy Iberia CEO, in a statement. “Besides the strong business case, this project is also key to strengthen the EU renewable energy leadership, one of the pillars of the Energy Union. This is also an excellent example of how R&D moves towards the market. We definitely want to see more of these in our coming investment rounds.”

“InnoEnergy is a well-respected force in sustainable energy and this recognition will springboard our future growth. By joining forces we accelerate the commercialisation of our disruptive EpiWafer technology,” commented Stefan Reber, NexWafe CEO.

2 December 2025
Málaga, Spain
Understanding PV module supply to the European market in 2026. PV ModuleTech Europe 2025 is a two-day conference that tackles these challenges directly, with an agenda that addresses all aspects of module supplier selection; product availability, technology offerings, traceability of supply-chain, factory auditing, module testing and reliability, and company bankability.
10 March 2026
Frankfurt, Germany
The conference will gather the key stakeholders from PV manufacturing, equipment/materials, policy-making and strategy, capital equipment investment and all interested downstream channels and third-party entities. The goal is simple: to map out PV manufacturing out to 2030 and beyond.

Read Next

July 1, 2025
French private equity firm Ardian Clean Energy Evergreen Fund (ACEEF) has bought 117 solar PV plants, worth 116MW of total capacity in several locations in Italy.
Premium
June 30, 2025
Solargis CEO Marcel Suri explores three areas where new standards could help underpin greater efficiency, accuracy and market resilience.
June 30, 2025
Eni subsidiary Plentiude has started operations at the northern block of its 330MW Renopool solar portfolio in Spain.
June 27, 2025
Statkraft has signed PPAs with Better Energy to purchase energy from two solar power plants in Poland with a total capacity of 64GWh.
June 27, 2025
PV Tech spoke to Monika Paplaczyk about recent changes in the UK energy mix and opportunities for investors in the solar sector.
Premium
June 27, 2025
PV Talk: '2024 was a transformational year in terms of energy policy,' says Monika Paplaczyk ahead of this year's Clean Power 2030 Summits.

Subscribe to Newsletter

Upcoming Events

Media Partners, Solar Media Events
July 2, 2025
Bangkok, Thailand
Media Partners, Solar Media Events
September 2, 2025
Mexico City, Mexico
Solar Media Events
September 16, 2025
Athens, Greece
Solar Media Events
September 22, 2025
Bilbao, Spain
Solar Media Events
September 30, 2025
Seattle, USA