Solaires Entreprises Inc
Solaires Entreprises Inc. is a Victoria, BC-based cleantech company that develops perovskite Solar Ink and Indoor PV Modules, licensing the technology and producing modules through the SEI Energy JV to serve IoT and electronic device manufacturers.
- Company typePrivate
- Founded2020
- HeadquartersVictoria, Canada
- Headcount11–50
- GTM typeB2B
- OfferingHardware or Manufacturing
What Solaires Entreprises Inc does
Solaires Entreprises Inc. is a Victoria, BC-based cleantech company, founded in February 2020, that develops perovskite-based photovoltaic technology as an alternative to silicon solar cells. Its core technology is a perovskite Solar Ink — a liquid-based, ambient-condition photovoltaic film (ABX3 crystal structure) that can be deposited via spin-coating, blade coating, slot die, or inkjet printing onto flexible substrates. Third-party testing has validated 35% power conversion efficiency under indoor light, with management claiming roughly half the cost and twice the performance of conventional indoor PV modules, plus 50% lower greenhouse gas emissions. The product family includes Solar Ink for licensing/integration, perovskite-only Indoor PV Modules, and trademarked extensions (MorphoColor, FlexCell) targeting building integration, wearables, and tandem silicon-perovskite applications.
The company monetizes through three B2B channels: licensing its patented ink and process technology to manufacturing partners, selling Solar Ink to customers developing their own perovskite or tandem cells, and capturing a revenue share from the SEI Energy Technology joint venture with Shanghai-based Genesis Technology, which mass-produces indoor PV modules at a Jiaxing, China facility. A pilot production line in Langford, BC supports customer qualification, and SEI Energy shipped modules to its first commercial customer — a global electronic device OEM serving sensor applications — in August 2025.
Solaires serves manufacturers of battery-driven electronics and IoT devices (wireless keyboards, smart locks, electronic shelf labels, sensors), with secondary addressable segments in building-integrated photovoltaics, tandem solar cell production, and EV/wearable applications. The company holds 25+ patent applications with ~19 more planned, a foundational patent assigned from the University of Victoria, and maintains core composition as trade secrets. Operations are anchored by ~21 FTEs (Sept 2022 disclosure) plus additional executive hires, with funding above $6M from equity, non-dilutive grants (including SDTC), and accelerator support such as Halliburton Labs.
Solaires Entreprises Inc firmographics
Firmographics- Name
- Solaires Entreprises Inc
- Legal name
- Solaires Entreprises Inc.
- Website
- https://solaires.net
- Company type
- Private
- Founded year
- 2020
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- Solaires Entreprises Inc. is a Victoria, BC-based cleantech company that develops perovskite Solar Ink and Indoor PV Modules, licensing the technology and producing modules through the SEI Energy JV to serve IoT and electronic device manufacturers.
- Ownership category
- akta.pro rank
Solaires Entreprises Inc industry classification
Industry- Product category
- Perovskite Photovoltaic Technology
- NAICS
- Electric Lighting Equipment Manufacturing (33513)
- akta.pro primary industry
- Next-Gen Photovoltaics R&D (Perovskite, Tandem, Organic, BIPV Materials) (EUAMAOAA)
Keywords
Where Solaires Entreprises Inc is headquartered
LocationHeadquarters
- HQ city
- Victoria
- HQ country
- Canada
- HQ region
- North America
Offices4 records
Markets served
Solaires Entreprises Inc business model
Business model- GTM type
- B2B
- Offering type
- Hardware or Manufacturing
- Cost components
- Technology or R&D, Personnel, Infrastructure, Operations, Supply Chain, Marketing or Sales
Revenue model
- Technology Licensing: Licensing patents and manufacturing processes to partners such as SEI Energy for mass production of perovskite PV modules. Bespoke licensing arrangements required as new partnerships are formed.
- Solar Ink Product Sales: Sale of perovskite solar ink to partner customers interested in developing perovskite solar cells or embedding it in tandem within existing silicon solar cells.
- JV Revenue Share: Revenue from joint venture SEI Energy Technology with Genesis Technology, which manufactures and sells indoor perovskite PV modules.
Go-to-market motion2 records
Distribution channels2 records
Marketing channels6 records
Solaires Entreprises Inc product offering
Product offeringCore offering
Solaires develops and licenses perovskite-based Solar Ink and PV modules as a silicon replacement for solar applications. The company produces lightweight, flexible, translucent photovoltaic modules with 35% power conversion efficiency for indoor light, targeting IoT, sensors, and battery-driven devices. Manufacturing is performed via licensing to the SEI Energy joint venture with Genesis Technology, with a pilot production line in Langford, BC.
Product overview
Solaires Entreprises Inc is a cleantech company developing the next generation of solar cells by replacing silicon with perovskite through an innovative and sustainable manufacturing process. The company's core product offerings include Solar Ink (a perovskite-based ink for manufacturing solar cells) and PV Modules (lightweight, flexible, efficient, and transparent perovskite-based solar modules). The company also offers specialized Indoor PV Modules with 35% power conversion efficiency for indoor light applications, enabling self-charging of IoT devices, wireless keyboards, smart door locks, and electronic shelf labels. The technology uses spin-coating, blade coating, slot die, and inkjet application methods. Solaires operates through its joint venture SEI Energy Technology with Genesis Technologies for mass production, with pilot production facilities in Langford, BC, Canada.
Differentiator
Problem solved
Functional benefit
Brands
- Solar Ink: Perovskite-based solar ink film for use in spin-coating, blade coating, slot die and inkjet applications. Light and transparent photovoltaic film.
- MorphoColor
- Solar-Ventures
- FlexCell
- PVModule
Products and services
- Solar Ink A perovskite-based photovoltaic ink that replaces silicon in solar modules. It is a stable solution that can be applied on flexible substrates in a low-cost and sustainable process via spin-coating, blade coating, slot die, or inkjet methods, achieving 50% lower cost and 40-50% lower GHG emissions compared to silicon. Sold to partner customers developing perovskite solar cells or embedding it in tandem with existing silicon solar cells.
- PV Modules Lightweight, flexible, efficient, and transparent perovskite-based solar modules that improve energy conversion and enable innovative applications for solar energy. The modules feature 35% power conversion efficiency optimized for indoor light applications, supporting IoT devices, wireless keyboards, smart door locks, and electronic shelf labels.
- Indoor PV Modules Specialized perovskite-only photovoltaic modules designed for indoor applications. These modules enable self-charging of battery-driven devices including wireless keyboards, smart door locks, electronic shelf labels, sensors, and IoT devices, with 35% power conversion efficiency for indoor light.
- SEI Energy China Mass Production Line Mass production line operated by SEI Energy Technology (JV between Solaires and Genesis Technology) in Jiaxing, China, for large-scale manufacturing of perovskite PV modules targeted at the Asia market.
Quantifiable outcome
- 35% power conversion efficiency for indoor light (third-party tested)
- +3 more outcomes
Companies that use Solaires Entreprises Inc
Customer profileNamed customers1 record
Segments4 records
Ideal customer profiles3 records
Solaires Entreprises Inc technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature4 records
Solaires Entreprises Inc partnerships and signals
Strategic signalPartnerships
Nine partnerships are on record, tiered core and supporting.
- Halliburton LabscoreSelected as one of three companies to join Halliburton Labs' clean energy accelerator in April 2023. The program provides access to industrial capabilities, technical expertise, and global network connections to help scale the business toward commercialization.
- Genesis TechnologycoreShanghai-based manufacturer that partnered with Solaires to form the SEI Energy joint venture. Genesis provides manufacturing capabilities and market reach for the Asia market, enabling mass production and distribution of perovskite PV modules.
- SEI Energy TechnologycoreJoint venture between Solaires (Canada) and Genesis Technology (Shanghai) for manufacturing indoor perovskite PV modules. SEI Energy licenses Solaires' technology and manufactures modules for the Asia market.
- University of VictoriacoreLicenses perovskite solar module patents from the university. Sahar Sam developed foundational IP while completing PhD and postdoc work at UVic. The university initially filed and owned the patent before Sahar negotiated assignment.
- ventureLABsupportingCleantech accelerator and innovation hub. Solaires participated in Tech Undivided program. ventureLAB provides IP training, support services, and access to innovation ecosystem for hardware technology companies.
- ForesightsupportingCleantech accelerator that helped Solaires develop a patent landscape overview to understand the global market for their technology and develop a patent pathway to commercialization.
- Innovation Asset CollectivesupportingWorks with clean tech companies to create a cleantech patent pool that acts as a defensive tool to help protect members from litigation, functioning like patent insurance.
- Alacrity CanadasupportingVictoria-based startup support organization providing mentorship and resources for technology companies.
- VIATECsupportingVictoria Innovation, Advanced Technology & Entrepreneurship Council supporting the local tech community. Solaires participates in events and awards through VIATEC.
Scale indicators9 records
Recent moves7 records
Expansion highlights6 records
Solaires Entreprises Inc competitors and assessment
Company assessmentBroad incumbents
- LONGi Green Energy: World's largest silicon solar manufacturer with major R&D investment in perovskite-silicon tandem cells. Relevant as a dominant incumbent that Solaires could either partner with (for tandem embedding) or compete against in the efficiency-upgrade cycle.
- First Solar: Largest US thin-film (CdTe) solar manufacturer, which acquired Caelux for perovskite tandem R&D. Relevant as a broad incumbent that is moving into perovskite and represents both a potential acquirer and a major competitor in the tandem and utility-scale segments.
Direct peers
- Oxford PV: UK/Germany-headquartered pioneer in perovskite-on-silicon tandem solar cells, considered the most advanced commercial-stage perovskite solar company. Directly comparable as a perovskite-focused PV developer targeting both tandem and building-integrated applications.
- Saule Technologies: Poland-based developer of printable perovskite solar cells targeting BIPV and IoT applications. Closely comparable to Solaires in using inkjet/printing deposition and focusing on flexible, lightweight perovskite modules for non-traditional use cases.
- Caelux (by First Solar): Acquired by First Solar, Caelux develops perovskite tandem technology to boost cadmium telluride module efficiency. Comparable as a perovskite R&D specialist being commercialized through a larger solar manufacturer relationship, similar to Solaires' SEI Energy JV model.
- Swift Solar: US-based perovskite tandem solar cell startup backed by substantial VC funding. Comparable to Solaires as a US/North American perovskite PV developer pursuing both tandem and standalone perovskite cell commercialization.
Emerging players
- Greatcell Solar: Australia-based perovskite solar cell technology developer focused on printable perovskite PV. Comparable as a perovskite IP and materials company developing similar solution-processable cell architectures.
- EneCoat Technologies: Japan-based perovskite solar cell startup focused on lightweight, flexible perovskite films. Comparable to Solaires as a perovskite cell developer targeting IoT/sensor and building-integrated applications in Asia.
- Microquanta Semiconductor: China-based perovskite solar cell developer with commercial perovskite mini-module production. Comparable as an Asia-based perovskite PV company that has progressed further on production scale, representing both a competitor and benchmark for Solaires' SEI Energy ramp.
- CUBICPV: US-based tandem solar technology developer focused on perovskite-silicon tandems. Comparable to Solaires as a perovskite R&D-focused player pursuing tandem commercialization with strategic manufacturing partners.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks6 records
Key highlights7 records
Customer concentration
Solaires Entreprises Inc social profiles
Digital presenceSolaires Entreprises Inc financial estimates
Financial estimateRevenue estimate
Valuation estimate
Solaires Entreprises Inc leadership team
Management profileNumber of profiles
Profiles5 records
Solaires Entreprises Inc subsidiaries and ownership
Company hierarchySubsidiaries1 record
Solaires Entreprises Inc funding detail
Funding detailFunding overview
Funding rounds3 records
Investors1 record
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Solaires Entreprises Inc M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Solaires Entreprises Inc
What does Solaires Entreprises Inc do?
Solaires develops and licenses perovskite-based Solar Ink and PV modules as a silicon replacement for solar applications. The company produces lightweight, flexible, translucent photovoltaic modules with 35% power conversion efficiency for indoor light, targeting IoT, sensors, and battery-driven devices. Manufacturing is performed via licensing to the SEI Energy joint venture with Genesis Technology, with a pilot production line in Langford, BC.
Is Solaires Entreprises Inc a public or private company?
Solaires Entreprises Inc is a private company. It is classified as venture growth investor backed and is currently operating.
When was Solaires Entreprises Inc founded?
Solaires Entreprises Inc was founded in 2020. It employs 11 to 50 people.
Where is Solaires Entreprises Inc based?
Solaires Entreprises Inc is headquartered in Victoria, Canada, in the North America region.
How does Solaires Entreprises Inc make money?
Three revenue lines are on record. Technology Licensing is the primary driver. The others are solar Ink Product Sales and JV Revenue Share.
Who are Solaires Entreprises Inc's main competitors?
Broad incumbents on record are LONGi Green Energy and First Solar. Direct peers are Oxford PV, Saule Technologies, Caelux (by First Solar) and Swift Solar. Emerging players are Greatcell Solar, EneCoat Technologies, Microquanta Semiconductor and CUBICPV.
Does Solaires Entreprises Inc have an API?
No public API is recorded for Solaires Entreprises Inc.
What industry is Solaires Entreprises Inc in?
Solaires Entreprises Inc's product category is Perovskite Photovoltaic Technology. Its primary akta.pro industry code is EUAMAOAA, Next-Gen Photovoltaics R&D (Perovskite, Tandem, Organic, BIPV Materials). Its NAICS code is 33513.