Spain · Renewables & environment startup

Sunwafe

Sunwafe is a European renewable energy company focused on manufacturing silicon ingots and wafers for photovoltaic applications.

Funding reportedLast round: Seed

Renewables & environmentGijón, Spain

About Sunwafe

Sunwafe is a European renewable energy company focused on manufacturing silicon ingots and wafers for photovoltaic applications.

Founded in 2024 by InnoEnergy, the company aims to establish a state-of-the-art facility in Asturias, Spain, with construction set to begin in 2027 and commercial operations targeted for early 2029. The project is supported by a €200 million grant from the Spanish government, highlighting its importance to Spain's reindustrialization and the European solar value chain. The company specializes in the industrial-scale production of high-end silicon wafers, which are essential for advanced photovoltaic technologies like TOPCon and Heterojunction cells. Sunwafe's processes include silicon purification, ingot formation, wafer slicing, and polishing, all designed to produce high-performance, low-carbon products. With an annual production capacity of 2.5 billion silicon wafers, Sunwafe aims to meet up to 50% of Europe's projected wafer demand by 2030, contributing to the growth of the solar industry and promoting sustainable energy solutions.

What company datasets say Sunwafe raised

Funding, as reported

Reported in all216.4Min the source's currency
Last roundSeed
Last round dateSept 2025
Investors listed2

The company, in detail

What they build

Known for

clean energy transitionsustainable energydistributionmanufacturingthickness optimizationsustainable manufacturingwafer manufacturingpv waferseuropean pv industryindustrialisationg12 wafer formatingot and wafer productioneuropeanmechanical or industrial engineeringwafer polishingdiamond wire saws

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Sector
Renewables & environment
Industry code
NAICS 33141, SIC 3674

Renewables & environment in Spain

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