*Metrics are given per installed kWp and have been experimentally verified using data from actual installations. The benchmark conventional installation is a 20° south-facing bifacial system at the same location. Revenue is calculated using measured production data and electricity price curves.
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FUTURE VOLTAICS S.L. has received a grant of €1,564,175.95 under the Community of Madrid aid line aimed at financing projects that have obtained a Seal of Excellence within the European Innovation Council (EIC) Accelerator programme, under the Horizon Europe programme (2021-2027) to promote business investment in R&D&I. This project has been co-financed (40%) by the European Regional Development Fund (ERDF) under the Community of Madrid Programme 2021-2027 under the priority of the Strategic Technologies for Europe Platform (STEP). The total planned investment is €2,234,537.08.
FUTURE VOLTAICS S.L. has received a grant of €56,478.73 from the Madrid City Council for the implementation of the investment project called "2026_IND_020", under the public call for grants aimed at promoting, boosting and revitalising industry and industry-related services in the city of Madrid, for the 2026 financial year, from the General Directorate of Economy of the Area of Government of Economy, Innovation and Finance.
FUTURE VOLTAICS S.L. has received a grant of €42,944.00 from the Madrid City Council for the implementation of the investment project called "IND_2025_022", under the public call for grants aimed at promoting, boosting and revitalising industry and industry-related services in the city of Madrid, for the 2025 financial year, from the General Directorate of Economy of the Area of Government of Economy, Innovation and Finance.
FUTURE VOLTAICS S.L. has received a grant of €38,745.38 from the Madrid City Council for the implementation of the investment project called "IND_2024_037", under the public call for grants aimed at promoting, boosting and revitalising industry and industry-related services in the city of Madrid, for the 2024 financial year, from the General Directorate of Economy of the Area of Government of Economy, Innovation and Finance.
FUTURE VOLTAICS S.L. has also been a beneficiary of the NEOTEC programme of the Centre for the Development of Industrial Technology of the Spanish government (CDTI) and of Project CPP2022-009836 funded by MICIU/AEI/10.13039/501100011033 and by the European Union NextGenerationEU/PRTR.
Certifications & Memberships: European Innovation Council (EIC) Seal of Excellence awardee, and recipient of the Sello de Pyme Innovadora (Innovative SME Seal) and ENISA Certification, granted by the Spanish Ministries of Science, Innovation and Universities, and Industry and Tourism, respectively. Member of the European Solar Industry Alliance (ESIA), and hosted by Factoria Industrial of the Madrid city local government.
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Discover the stories of success by FutureVoltaics
Using the commercial version of our VectHor system, the initial performance achieved a 31% higher energy output and 48% increase in revenue, compared to the conventional 20º bifacial south-facing system. The advantages are even more pronounced when compared to 10º east-west solar systems (70% higher energy output), which are the mainstream competitors in Spanish rooftops.
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Soltec played a pivotal role in supporting innovation, enabling FutureVoltaics to externally validate its technology in a real-world setting. The tests demonstrated that VectHor delivers higher energy production on sunny days compared to static conventional systems and performs similarly to a tracker, showcasing its ability to provide the benefits of increased energy output without moving parts. The collaboration, conducted in a relevant environment and achieving TRL 6, solidified VectHor's credibility as a high-performing innovation in the photovoltaic sector.
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Since the formulation of the initial concept of the VectHor technology in 2019, several new prototypes were developed and tested at the IMN-CSIC experimental solar facility, ensuring rigorous validation of their potential.
One of the most significant milestones came in 2023 with the deployment of a preliminary version (TRL 6) of the VectHor system on the CSIC rooftop. This setup delivered a 33% higher yearly energy yield compared to the conventional 30º south bifacial solar system.
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FutureVoltaics is a spin-off from the Spanish National Research Council (CSIC).
Our mission is to revolutionize solar energy with VectHor, a patented new type of groundbreaking solar photovoltaic technology based on east-west vertical bifacial solar panels and specially designed reflectors that produce more power, aligning solar energy generation with demand.
Through our innovative approach, we are paving the way for a more sustainable, economical, and efficient future in vertical solar energy, providing more power when it matters.
Measured in Madrid: soiling took 0.3% off the performance of Vecthor (V5) and 2.2% off a fixed-tilt system. Dust on a reflector scatters light, but does not lose it…
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kWp or m²? The metric that decides a solar installation's profitability is NPV. On a 1,500 m² roof in Madrid, VectHor installs less power but delivers the highest net profit…
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