Glass 2 Energy (G2E), a maker of transparent, coloured solar panels, has added Groupe E, the number one electricity distributor in the French-speaking part of Switzerland, and VC Capital Risque Fribourg as shareholders.
The Federal Polytechnic School of Lausanne (EPFL) has taken a small stake in connection with the grant of a license for the technology developed by EPFL’s Professor Michael Grätzel, on which the G2E products are based. He scooped the Millennium prize 2010 – the equivalent of the Nobel prize in the field of technology.
CPA Group, a holding company which promotes the development of high-tech industrial companies based at Villaz-St-Pierre will soon complete the shareholding structure of G2E, which was incorporated at the end of 2011.
The addition of these new shareholders encouraged G2E to approve the transfer of the company to the Vivier Technology Park at Villaz-St-Pierre, near Romont, in the autumn of this year.
The company now has several prominent shareholders in the fields of construction, energy and technology. They include Swisscom, Sottas, Fibag (Austria), Société Suisse des Explosifs, Groupe E and Capital Risque Fribourg. No details were disclosed on the breakdown of the shareholding.
Last April, G2E delivered its first panels to Geneva International Airport. These panels now equip the balustrades of one of the walkways in the main hall of the airport. Deliveries to further clients are scheduled this summer.