Saule Technologies and Columbus Energy have partnered with Google Cloud, signing a strategic cooperation agreement to develop new products using perovskite solar cells and solutions in the field of distributed energy and IoT (Internet of Things). Google Cloud will also become a strategic partner of both companies, providing cloud computing services and technologies.

The concept behind IoT is to connect a variety of often small and highly-specialized electronic devices in a network so that they can generate and send information to each other. However, such devices require power and this has greatly limited their potential applications to date. The perovskite solar cells developed by Saule Technologies are not only lightweight, thin and flexible, but they are also able to perform well even in artificial light. These unique advantages make Saule Technologies cells "the perfect energy source for all kinds of IoT devices in virtually all conditions, regardless of power grid availability", according to the Company's statement.

Saule Technologies, Columbus Energy and Somfy Polska have signed a strategic cooperation agreement focused on developing innovative solutions for existing buildings and building projects under construction.

This recent agreement finalizes the understanding which the companies made in August 2021 on the occasion of launching the commercial application of Saule Technologies' sun blinds, which are sun breakers with perovskite solar cells.

Saule Technologies has unveiled its new PESL (Perovskite Electronic Shelf Label) technology - the world's first electronic price and advertising labels powered by perovskite photovoltaic cells. The devices enable wireless change of the messages displayed on it, and are said to have lifetimes of around 10 years.

Saule Tech has already released large-scale PSCs intended for building facades, PSC-powered blinds, and now, this new product from the IoT category ' an intelligent system for handling electronic labels, powered by a perovskite solar cell instead of the traditional battery.

Saule Technologies, developer and manufacturer of perovskite solar cells, recently announced that it is 'making good progress towards getting listed on the NewConnect Alternative Trading System'.

Saule and its shareholders, including the majority holder, Columbus Elite Global S.A. (formerly Blumerang Investors S.A.), have signed an investment agreement, setting the rules for Columbus Elite Global (CEG) to acquire Saule's shares. With this transaction, Saule will become part of the CEG capital group, which is listed on NewConnect. In return for transferring their shares to Columbus Elite Global, Saule's shareholders will get shares in the higher share capital of CEG.