Saint-Gobain acquires stakes in Swiss BIPV manufacturer Megasol


From pv magazine France

Saint-Gobain, a French building materials suppliers, has announced a strategic partnership with Megasol, a Swiss building integrated-photovoltaics (BIPV) module manufacturer.

Under the terms of the agreement, Saint-Gobain has acquired a minority stake in Megasol's BIPV module development and production business at its site in Deitingen, Switzerland.

The companies did not disclose the financial terms of the deal, said Daniel Sägesser, a member of Megasol's management board, in response to an inquiry from pv magazine. The closing of the transaction has already taken place.

The new investment strengthens Saint-Gobain's status as a supplier of BIPV facade solutions, which is one of the fastest growing segments in facade construction, according to the French group.

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“Thanks to the aesthetic design of Megasol's products and its fully customized and industrialized production, we are expanding the scope of our applications, enabling Saint-Gobain's complete facade solutions to grow significantly,” said Patrick Maier, general manager of Saint-Gobain Switzerland.

In turn, Megasol will benefit from Saint-Gobain's customer portfolio to expand its presence in Europe.

“With its sustainable construction strategy and extensive expertise in glass and building envelopes, as well as its global presence, Saint-Gobain is the perfect partner to rapidly develop our active solar building materials business,” said Markus Gisler, the CEO of Megasol.

In March, Megasol unveiled a bifacial solar module with a reported power conversion efficiency of 23.2%. In June, it launched a new in-roof system that purportedly can be used to deploy homogeneous, flush-fitting rooftop PV installations.

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