Saule Secured €1.8M Bridge Loan
Columbus Energy Extends Financial Support to Saule Technologies with a €1.8M Bridge Loan
Columbus Energy S.A., a key player in Poland’s renewable energy sector, has reaffirmed its commitment to Saule Technologies by granting a €1.8 million bridge loan to support the company’s ongoing operations and technological advancements.
The Loan Agreement
On March 12, 2025, Columbus Energy signed a loan agreement with Saule S.A. and Saule Technologies S.A., securing financing to help the company continue operations and settle urgent financial obligations. The loan will be disbursed in installments and is set to be repaid by December 31, 2025.
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Key terms of the loan:
Amount: €1.8 million
Repayment Deadline: December 31, 2025
Interest Rate: Aligned with market conditions
Security Measures: Collateral including equipment pledges, personal guarantees, and legal enforcement declarations
The funding aims to support Saule Technologies in further developing and commercializing perovskite-based solar technology while bridging the gap as the company secures long-term financing. This agreement follows extensive discussions between Columbus Energy, Saule Technologies, and its co-founder Olga Malinkiewicz to determine the best path for the company’s growth.
A Longstanding Partnership
This financial backing is not the first time Columbus Energy has invested in Saule Technologies. In September 2020, Columbus acquired a 20% stake in the company with a €10 million investment.
At that time, Saule Technologies was focused on launching the world’s first production line of flexible perovskite solar modules. The funding enabled them to:
Complete technology transfer and site-acceptance tests for perovskite solar panels
Scale up production and commercial deployment of next-generation photovoltaic solutions
Kickstart projects co-financed by Polish and EU research and innovation grants
Columbus Energy’s market expertise and distribution network positioned Saule’s perovskite technology for broader commercial adoption, accelerating its introduction to consumer and industrial markets.
Future Outlook: Commercializing Perovskite Technology
With this latest financing round, Columbus Energy continues to strengthen Saule’s position in the solar energy market. The bridge loan serves as a temporary financial solution while the company works toward securing long-term investment and expanding perovskite applications across industries. Saule Technologies, led by Olga Malinkiewicz, remains at the forefront of next-generation solar innovation. Despite financial hurdles, its breakthrough perovskite solar technology continues to generate global interest as an efficient and flexible alternative to traditional photovoltaics. This move underscores Columbus Energy’s commitment to supporting Polish innovation and its belief in Saule’s potential to revolutionize the renewable energy sector.
