EXEGER BUILDS SECOND SOLAR CELL FACTORY IN STOCKHOLM

Exeger builds second solar cell factory in Stockholm

November 26^th, Stockholm Sweden Exeger (www.exeger.com), the Swedish industrial company that produces their patented solar cell technology Powerfoyle®, announces that their new industrial-scale factory is located in the Kista area of Stockholm, Sweden. Having received the final environmental permit from the County Administrative Board of Stockholm, Exeger can produce up to 2.5 million m² of solar cells. This makes it Europe’s largest solar cell factory in terms of square meter production.

The factory is being built inside an existing structure to minimize environmental impact. It is designed with modularity as a key feature to allow a fast-paced increase in production capacity. The possibility to swiftly increase capacity will enable Exeger to grow at an accelerated pace to match the market demand for Powerfoyle. The first step in the factory expansion is to create redundancy of the existing production facility during mid-2022. Once operational Exeger will have two production sites, which caters to the needs of tech giants that require redundancy in production. Exeger’s environmentally friendly production has no measurable toxic emissions to neither air nor water.

The existing structure in Kista, a district in Stockholm, was chosen for its many strategic benefits. Kista is the largest Information and Communications Technology cluster in Europe and the world’s second largest after Silicon Valley in California. It has numerous logistics possibilities as it is located alongside the main national highway between Sweden’s largest airport and central Stockholm. It’s also a mere 15 minutes from Exeger’s other manufacturing site, ensuring an optimal flow of competences, materials and ability to co-produce between the two sites.

Giovanni Fili, CEO & Founder of Exeger, explains “Since founding Exeger in 2009, my goal has been to build a new Swedish industry. After twelve years of scaling research, building our first production site, and now shipping solar cells every week to customers, I feel my incredibly talented and focused team has succeeded. This final environmental permit is a momentous step for the future of Exeger as it allows us to produce 2.5 million m² of Powerfoyle annually in a second factory, also in Stockholm. It is absolutely vital in reaching our vision to touch the lives of a billion people by 2030 and will cement Exeger as a Swedish industrial powerhouse in the years ahead.”

In November 2019, Exeger partnered with Swedish industrialization and manufacturing expert ABB. They have since then been a key partner in the robotization of Exeger’s first production site and the partnership will be further solidified during the construction of the second factory in Kista. Once completed, the new factory will be fully automized and robotized with ABB supplying their deep industrial expertise.

The year 2021 marked the global commercialization of Powerfoyle. Exeger announced five products in four verticals with global partners including Urbanista, POC, and adidas Headphones. The Urbanista Los Angeles are the world’s first self-powered headphones and hit the market in October 2021 with glowing reviews from leading global tech media. Part of Exeger’s strategy is to make the transition to power devices with clean endless light energy easy for partners. In 2021, Exeger announced partnerships with OSM group and Qualcomm to facilitate adoption of Powerfoyle.

Giovanni Fili, CEO & Founder of Exeger, on the achievements of 2021, “This has been a historic year for Exeger. We had five product announcements and after the Urbanista Los Angeles were tested by world leading tech reporters, they predict Powerfoyle to become a new standard in the headphone segment. This is the start of a new era where self-powered products will become a natural part of everyday life for people around the world.”