Mahle invests in photovoltaic start-up

The automotive supplier wants to open up new business areas with its strategic investment in Sunmaxx PVT.

Mahle is investing in the start-up Sunmaxx PVT. This is the Group's third strategic investment. "With the strategic investment in Sunmaxx, we are opening up a new business area for Mahle in the renewable energy market," says Jumana Al-Sibai, Member of the Management Board. Sunmaxx specializes in generating electricity and heat from solar energy. In future, the start-up will integrate Mahle's thermal management solutions into its photovoltaic systems.

"The combination of solar and automotive expertise opens up completely new potential for the further development of highly innovative solar systems," says Wilhelm Stein, who founded Sunmaxx in 2021. The start-up from Dresden wants to make photovoltaic systems more efficient. Conventional PV systems only use a limited proportion of the solar energy they receive. Part of the energy is often lost as waste heat. Sunmaxx wants to use this waste heat and transfer it to a heating circuit. This system is particularly suitable in combination with heat pumps for supplying heat to single and multi-family homes, office buildings and industrial and commercial facilities.