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31 May 2023

Jonathan Touriño Jacobo - PV Tech

May 31, 2023 - Solar wafer producer NexWafe has secured a €30 million (US$32 million) investment to accelerate the construction of its first commercial-scale wafer plant in Bitterfeld, Germany.

The company expects to raise additional funding in the second half of the year, while this funding round came from current investors such as Indian conglomerate Reliance New Energy – who invested US$29 million in a Series C financing round back in 2021 – Saudi venture company Aramco Ventures and VC ATHOS Venture, along with new investors including Malcolm Turnbull AC and Keshik Capital.

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