Eternal Sun receives €2 Million funds

Eternal Sun announced in a press statement that it had closed a €2 Million ($2.5 Million) financing from Belgian investment firm Vermec N.V.

The Delft based high‐tech company that specialises in solar simulation technology will use the investment to expand international sales and service operations.

Leading research institutions, solar module manufacturers and certification authorities rely on Eternal Sun’s solar simulation systems for testing the quality of solar modules and materials. Chokri Mousaoui, co‐founder and CEO of Eternal Sun, said: “In an era of continuous improvement of solar modules, our solar simulation systems are in high demand with customers that aim to accurately test the performance and reliability of their solar technology. The capital injection will be used to meet this growing demand.”

“We are excited about Eternal Sun because the company focuses on the intersection of the solar industry and quality assurance, both of which are gaining importance worldwide,” said Michel Verhaeren, CEO of Vermec. “We are glad to engage with this talented team, and look forward to the upcoming period of development and growth.”