Saule Technologies has reached the point of technology development to be able to print its flexible, lightweight, semi-transparent, single junction solar modules with a consistent 10% efficiency. This performance enables BIPV and IoT applications in an economically viable manner.
By the end of March, Saule Technologies had reached as high as 17.6% efficiency at the cell level (measured by an independent research institute). The durability has been significantly improved as well, with the latest stability tests indicating multiple years of flawless operation under accelerated ageing tests. Combining these significant improvements in terms of both efficiency and endurance is an outstanding achievement for a target single junction product of such a multitude of potential applications, with still huge room for improvement.
Saule Technologies is scheduling the launch of its prototype line during Q4 of 2019, capable of printing solar modules up to an area of 1 square meter. It will lead to the first commercial sales planned under a Go-to-Market strategy based on securing offtake and creating the market via numerous Joint Development Agreements (JDA) in negotiation, similar to the BIPV JDA with Skanska - which resulted in the demonstrator panel being installed on the Skanska commercial skyscraper in Warsaw.
These accomplishments will enable the integration of Saule Technologies' solar modules into windows, facades, rooftops, or vehicles. Critically, the company’s flexible strategy is also targeting the IoT market, which is expected to reach an immense size of 1567 billion EUR by 2025.