HyET Solar
HyET Solar (operating as LiFT-PV) is a Netherlands-based manufacturer of packaging technologies—laminates, protective coatings, busbars, and connectors—for flexible silicon-based solar foil modules serving solar module manufacturers.
- Company typePrivate
- Founded2012
- HeadquartersArnhem, Netherlands
- Headcount51–100
- GTM typeB2B
- OfferingHardware or Manufacturing
What HyET Solar does
HyET Solar, operating under the LiFT-PV brand, is a Netherlands-based technology company that develops packaging solutions for flexible silicon-based solar modules. Founded in 2012 and headquartered in Arnhem, the company specializes in lightweight and flexible laminates, protective coatings, busbar systems, and power connectors designed for solar foil packaging applications. Its offering addresses the technical challenge of protecting and integrating delicate flexible solar films during handling, assembly, and deployment.
The company's core product line, branded LiFT-PV Packaging Technologies, spans four complementary component categories that together enable solar module manufacturers to assemble and protect flexible photovoltaic foil products. The company employs 51–100 people and reaches its customer base—solar module manufacturers—through direct business-to-business sales on a regional basis. Its website presence (both hyetsolar.com and lift-pv.com) and minimal disclosed digital marketing footprint suggest a sales-driven, relationship-based go-to-market model rather than a high-volume inbound funnel. Pricing is not publicly disclosed, consistent with project- or specification-based industrial B2B sales.
HyET Solar's revenue mechanics are anchored in component sales to module assemblers serving building-integrated photovoltaic (BIPV) and other lightweight solar applications. The company has raised approximately $15.6 million in funding (September 2023, led by Invest-NL) and is led by co-founder and co-CEO Maria Fennis. The business has narrow segment exposure (one primary customer segment) and limited publicly disclosed customer logos, partnerships, or certifications, which constrains visibility into commercial traction.
HyET Solar firmographics
Firmographics- Name
- HyET Solar
- Legal name
- LiFT PV
- Website
- https://hyetsolar.com
- Company type
- Private
- Founded year
- 2012
- Operating status
- Operating
- Headcount range
- 51–100 employees
- Short description
- HyET Solar (operating as LiFT-PV) is a Netherlands-based manufacturer of packaging technologies—laminates, protective coatings, busbars, and connectors—for flexible silicon-based solar foil modules serving solar module manufacturers.
- Ownership category
- akta.pro rank
HyET Solar industry classification
Industry- Product category
- Solar Module Packaging Technology
- NAICS
- Solar Electric Power Generation (221114), Current-Carrying Wiring Device Manufacturing (335931)
- SIC
- Electronic & Other Electrical Equipment (No Computer Equip) (3600), Semiconductors & Related Devices (3674)
- akta.pro primary industry
- Solar PV Module & Cell Manufacturing (Crystalline, Thin-Film) (EUAMAHAA)
- akta.pro secondary industries
- Solar Balance-of-System Components (Cables, Combiner Boxes, Switchgear, Transformers) (EUAMABAG), Solar PV Module Manufacturing (Cells, Modules, Thin-Film) (EUAMABAD), Next-Gen Photovoltaics R&D (Perovskite, Tandem, Organic, BIPV Materials) (EUAMAOAA)
Keywords
Where HyET Solar is headquartered
LocationHeadquarters
- HQ city
- Arnhem
- HQ country
- Netherlands
- HQ region
- Europe
Markets served
HyET Solar business model
Business model- GTM type
- B2B
- Offering type
- Hardware or Manufacturing
- Cost components
- Personnel, Technology or R&D, Operations, Supply Chain, Infrastructure
Distribution channels1 record
HyET Solar product offering
Product offeringCore offering
HyET Solar develops and supplies packaging technologies for flexible solar films, marketed under the LiFT-PV brand. Its product stack covers the four key subsystems needed to package silicon-based flexible photovoltaic foil: lightweight and flexible laminates, protective coatings, electrical busbar systems, and power connectors. Offerings are targeted at manufacturers of building-integrated and lightweight flexible solar modules.
Product overview
LiFT-PV offers a single product line focused on packaging technologies for flexible solar films. The company develops and provides lightweight and flexible laminates, protective coatings, busbar systems, and power connectors for solar foil packaging applications.
Differentiator
Problem solved
Functional benefit
Products and services
- LiFT-PV Packaging Technologies LiFT-PV Packaging Technologies is an integrated offering of four subsystems used by solar module manufacturers to package flexible silicon-based solar films: lightweight and flexible laminates, protective coatings, electrical busbar systems, and power connectors. It is targeted at OEMs producing flexible and building-integrated photovoltaic modules.
Companies that use HyET Solar
Customer profileSegments1 record
Ideal customer profiles1 record
HyET Solar technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature4 records
HyET Solar partnerships and signals
Strategic signalRecent moves3 records
Expansion highlights3 records
HyET Solar competitors and assessment
Company assessmentBroad incumbents
- MiaSolé: Large US-based manufacturer of flexible CIGS thin-film solar modules. Broader incumbent in the same category; could be both a customer and a competitor depending on in-house packaging decisions.
- ENEL Green Power / 3Sun: Major European solar manufacturer operating the 3Sun gigafactory in Catania. A potential anchor customer or strategic partner for flexible-packaging technologies in the European solar value chain.
Others
- 3M: Global materials giant supplying encapsulant films, adhesives, and protective coatings to the solar industry. Indirect competitive threat if it expands into flexible-foil-specific packaging.
- DuPont: Major incumbent supplier of PV encapsulants (Tedlar, ionomer films) to crystalline and thin-film module makers. Comparable as an established supplier of solar packaging materials with much broader scale.
Direct peers
- Heliatek: German pioneer in organic (OPV) flexible solar films. Highly comparable technology category — flexible solar foil — that depends on advanced encapsulation, exactly LiFT-PV's value proposition.
- Sunplugged: Austrian developer of lightweight flexible perovskite/CIGS solar cells and tiles. Comparable as a European BIPV-focused flexible module maker requiring advanced packaging.
- Flisom: Swiss manufacturer of flexible CIGS thin-film solar modules. Directly comparable as a European flexible-solar specialist that would require exactly the type of packaging solutions LiFT-PV provides.
- Midsummer: Swedish producer of flexible CIGS thin-film solar cells and modules. Operates in the same European flexible-PV ecosystem and is a potential downstream customer as well as adjacent technology peer.
Emerging players
- Solaronix: Swiss manufacturer specializing in perovskite and dye-sensitized solar cells, including flexible substrates. Comparable emerging thin-film / flexible-solar player serving similar downstream needs.
- Ascent Solar Technologies: US-based flexible CIGS thin-film solar module maker targeting aerospace, military, and portable power. Comparable technology and end-market adjacency to LiFT-PV's customer base.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat3 records
Key risks5 records
Key highlights5 records
Customer concentration
HyET Solar social profiles
Digital presenceHyET Solar financial estimates
Financial estimateRevenue estimate
Valuation estimate
HyET Solar leadership team
Management profileNumber of profiles
Profiles1 record
HyET Solar funding detail
Funding detailFunding overview
Funding rounds1 record
Investors1 record
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
HyET Solar 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 HyET Solar
What does HyET Solar do?
HyET Solar develops and supplies packaging technologies for flexible solar films, marketed under the LiFT-PV brand. Its product stack covers the four key subsystems needed to package silicon-based flexible photovoltaic foil: lightweight and flexible laminates, protective coatings, electrical busbar systems, and power connectors. Offerings are targeted at manufacturers of building-integrated and lightweight flexible solar modules.
Is HyET Solar a public or private company?
HyET Solar is a private company. It is classified as venture growth investor backed and is currently operating.
When was HyET Solar founded?
HyET Solar was founded in 2012. It employs 51 to 100 people.
Where is HyET Solar based?
HyET Solar is headquartered in Arnhem, Netherlands, in the Europe region.
Who are HyET Solar's main competitors?
Broad incumbents on record are MiaSolé and ENEL Green Power / 3Sun. Others are 3M and DuPont. Direct peers are Heliatek, Sunplugged, Flisom and Midsummer. Emerging players are Solaronix and Ascent Solar Technologies.
Does HyET Solar have an API?
No public API is recorded for HyET Solar.
What industry is HyET Solar in?
HyET Solar's product category is Solar Module Packaging Technology. Its primary akta.pro industry code is EUAMAHAA, Solar PV Module & Cell Manufacturing (Crystalline, Thin-Film), with a secondary code of EUAMABAG, Solar Balance-of-System Components (Cables, Combiner Boxes, Switchgear, Transformers). Its NAICS code is 221114 and its SIC code is 3600.