Global Infrastructure SherpaHeliup receives support from European Union’s Innovation Fund for SHEEFT project
Heliup expanded to industrial-scale production in 2025 with support from the European Union’s Innovation Fund through the SHEEFT project (Solar HEliup Energy for Flat roofTop).
Counterparts (2)
Deal Analysis
- Financing secured from the European Union’s Innovation Fund.
- Supports Heliup's expansion to industrial-scale production by 2025.
- Focus on innovative, lightweight, and flexible solar PV for flat rooftops.
- Reinforces EU's commitment to scaling advanced renewable energy technologies.
Source Intelligence
Heliup aims to scale production of lightweight solar panels designed for commercial and industrial rooftops with low load-bearing capacity. The funds will strengthen its commercial teams, expand production capacity at its French industrial site, prepare replicable industrial units, and continue technology development. The company plans to create 100 direct jobs by 2027. Heliup previously raised €10 million and launched a 10 MWp pilot production line in 2023 under the France 2030 program. In 2025, it expanded to industrial-scale production with support from the European Union’s Innovation Fund through the SHEEFT project (Solar HEliup Energy for Flat roofTop). From 2028, Heliup aims to increase production capacity tenfold. Quotes: "French solar manufacturer Heliup has raised €16 million ($18.6 million) to scale production of lightweight solar panels designed for commercial and industrial rooftops with low load-bearing capacity.", "Heliup said the funds will strengthen its commercial teams, expand production capacity at its French industrial site, prepare replicable industrial units, and continue technology development.", "Heliup launched a 10 MWp pilot production line in 2023 under the France 2030 program and previously raised €10 million.", "In 2025, it expanded to industrial-scale production with support from the European Union’s Innovation Fund through the SHEEFT project (Solar HEliup Energy for Flat roofTop).", "The company said it plans to create 100 direct jobs by 2027, including 40 already established in the Auvergne-Rhône-Alpes region.", "From 2028, Heliup aims to increase production capacity tenfold as part of efforts to support European reindustrialization and energy sovereignty."
"French solar manufacturer Heliup has raised €16 million"
"The funding round was led by Supernova Invest"
"with participation from new investors MAIF Impact"
"Lita Gestion, and C2AD."
"Lita Gestion, and C2AD."
"Existing investors Starquest Capital and BNP Paribas Développement also took part"
"Existing investors Starquest Capital and BNP Paribas Développement also took part"
"The financing package also includes a crowdfunding campaign conducted via the Lita platform"