Flexible Electronics News

Heliatek Raises €80 Million

Will finance large manufacturing expansion and support worldwide market development.

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By: DAVID SAVASTANO

Editor, Ink World Magazine

Heliatek, a world leader in organic photovoltaic and a manufacturer of solar films, has put together an €80 million ($88 million) round to finance the expansion of its HeliaFilm manufacturing capacity by one million square meters per year. This round comprises €42 million in equity, €20 million in debt and about €18 million in subsidies.   “We are very excited to have successfully completed this financing round. This allows us to strengthen our world leadership in organic solar film and to acc...

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