Swiss LED-based solar simulation and PV metrology company Avalon ST has acquired PASAN, it said in a statement. Avalon ST did not disclose the price paid for the xenon-based solar simulator firm. The companies will integrate operations and staff in Neuchâtel, Switzerland, and Shanghai, China.
“This acquisition brings together PASAN's proven expertise in xenon-based technology and Avalon ST's innovative advancements in LED technology, forming the industry's most comprehensive solution for solar panel and cell measurement,” the statement said. “The integration of these complementary strengths will accelerate innovation, enhance product offerings, and expand the combined companies' global footprint.”
The acquisition was finalized at the beginning of 2025. PASAN was founded in 1983, while Avalon ST was established in 2018. Avalon ST was founded by Damien Etienne and Gavin Dong, both former PASAN employees.
“Bringing together the PASAN and Avalon ST family is profoundly meaningful,” said Etienne, who is also the CTO of Avalon ST. “It's not just a strategic step forward; it's a full-circle journey for many of us. I started at PASAN as a student back in 2007, and to return now is an extraordinary journey.”
This content is protected by copyright and may not be reused. If you want to cooperate with us and would like to reuse some of our content, please contact: editors@pv-magazine.com.
By submitting this form you agree to pv magazine using your data for the purposes of publishing your comment.
Your personal data will only be disclosed or otherwise transmitted to third parties for the purposes of spam filtering or if this is necessary for technical maintenance of the website. Any other transfer to third parties will not take place unless this is justified on the basis of applicable data protection regulations or if pv magazine is legally obliged to do so.
You may revoke this consent at any time with effect for the future, in which case your personal data will be deleted immediately. Otherwise, your data will be deleted if pv magazine has processed your request or the purpose of data storage is fulfilled.
Further information on data privacy can be found in our Data Protection Policy.