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Photovoltaics, water heating


Nexol AG

Our business idea ... is the development and distribution of applications for hot water generation using photovoltaic electricity. Our product is a boiler that can be operated directly with a photovoltaic electricity. Our clients receive sustainable warm water supply at a more affordable price compared to existing systems of the same size (up to 100l). Our boiler can generate warm water at a price of 5-8 Cent / kWh. In addition our boiler is less prone to errors and is easy to install. 

Why did we decide to found a company in this sector ... The founders' team is a mixture of young university graduates and photovoltaics veterans. In recent years we have found out that currently there is no satisfactory solution for solar island systems using solar electricity for warm water generation. At the same time we were confirmed of the high demand of such products. That is why it became our goal to develop an inexpensive and efficient solution for the current market.

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