Following the acquisition of OPVIUS GmbH by the French industrial manufacturer ARMOR in the fall of 2019, the German expert in organic photovoltaics is now becoming ARMOR solar power films GmbH. This name change highlights the final step of a several months-long process of gradual integration.
OPVIUS becomes ARMOR solar power films
Following the purchase of OPVIUS GmbH by the French industrial manufacturer ARMOR in the fall of 2019, the German player in the field of organic photovoltaics and pioneer of freeform, is becoming ARMOR solar power films GmbH. This name change highlights the final step of a several months-long process of gradual integration. Indeed, last spring, the
collaboration between the French and German teams resulted in the joint production of freeform modules from ASCA® organic photovoltaic film by ARMOR.
“When planning our merger with ARMOR, we had imagined which great opportunities would arise from the sharing of our skills. And to see now how these become a reality is extremely satisfying. Thanks to the combination of our complementary expertise, we have the ambition to take the European photovoltaic industry into a new era and to expand the use of OPV
technology very widely in the near future,” comments Ralph Paetzold, CEO of ARMOR solar power films GmbH.
“The gradual integration of the technologies, know-how and of the employees went as scheduled and we are pleased to now be operating as a single entity. The use of the one and same name in France and in Germany demonstrates to our international clients our mutual understanding to form a single European company,” adds Ralph Paetzold.
Armor solar power films: a strong and recognized player in the European energy industry
The integration of OPVIUS into ARMOR was well received, as reflected, among others, by the nomination of the new ARMOR solar power films GmbH entity as nominee of the German Sustainability Award. This prize, with its 8 categories, more than 800 applicants and close to 2000 guests attending the award ceremony, is the most notable of its kind in Europe.
“This nomination highlights ARMOR’s recent development in photovoltaics and emphasizes its role as industry leader in Europe.” explains Hubert de Boisredon, Chairman and CEO of ARMOR. “With our ASCA® organic photovoltaic film that is free of rare earths and toxic components, 100% recyclable and which offers an EPBT of less than 3 months, we are playing
an active role in the development of renewable energies in Europe”