NexWafe secures funding for ‘EpiWafer’ pilot line

Facebook
Twitter
LinkedIn
Reddit
Email

Fraunhofer ISE spin-off, NexWafe has secured a new round of funding from Wermuth Asset Management, which will be used for commissioning a pilot line in Freiburg, Germany to produce ‘EpiWafer’ substrates for verification and qualification for potential solar manufacturing customers.

Although NexWafe did not disclose the financial details of the funding, the start-up said that investment would relate to industrial volume equipment such as its epitaxial reactor and expenses incurred during wafer verification and qualification.
 
NexWafe produces high-efficiency monocrystalline n-type wafers that are grown directly from chlorosilane and are a made kerfless, unlike p and n-type monocrystalline wafers.

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

Dr. Claas Helmke, partner at Wermuth Asset Management commented, “NexWafe’s highly innovative product, and efficient processes, make it a revolutionary breakthrough technology for the solar PV industry, and a no-brainer for investment. The award-winning company is on the cutting edge of delivering the technological change the market is looking for.”

NexWafe also hopes to build a mass production plant in Bitterfeld, Germany.

7 October 2025
San Francisco Bay Area, USA
PV Tech has been running an annual PV CellTech Conference since 2016. PV CellTech USA, on 7-8 October 2025 is our third PV CellTech conference dedicated to the U.S. manufacturing sector. The events in 2023 and 2024 were a sell out success and 2025 will once again 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 in the U.S. out to 2030 and beyond.

Read Next

July 8, 2025
The Chinese government has moved to curb excessive competition in the PV sector and stabilise pricing as companies report growing losses.
July 8, 2025
Germany could install 500GW of new solar agrivoltaics (agriPV) capacity on its most 'suitable' land, according to Fraunhofer ISE.
July 8, 2025
German solar glass manufacturer Glasmanufaktur Brandenburg (GMB) has filed for insolvency after posting monthly losses of €900,000 this year.
July 4, 2025
Germany’s latest innovation tender has awarded 488MW of co-located capacity, with all the projects being solar PV tied with energy storage.
Premium
July 2, 2025
ANALYSIS: China's leading PV manufacturers are locked in a new round of competition, aiming to outpace each other through record-breaking feats.
June 26, 2025
A group of minority shareholders in Norwegian silicon firm REC Silicon has triggered an investigation into the circumstances surrounding the closure of the company’s US polysilicon production site.

Subscribe to Newsletter

Upcoming Events

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
Solar Media Events
October 1, 2025
London, UK