Solaires Enterprises, a Victoria-based cleantech company, announced that it had received $1,550,000 in non-dilutive funding from Sustainable Development Technology Canada (SDTC).

Solaires is developing perovskite modules (also known as PVModules), a next-generation solar technology, which the company says are ideal power sources for indoor devices like smart door locks, electronic shelf labels, wireless keyboards, and more.

“At Solaires, we are committed to advancing photovoltaic technology to power a more sustainable future. With SDTC’s support, we can accelerate the development of our next-generation photovoltaic modules — designed for indoor and outdoor applications,” said Sahar Sam, co-founder and CEO of Solaires. “This support enables us to expand our impact into the transportation industry, bringing us closer to a world where photovoltaics are seamlessly integrated into everyday life.”

The funding will be used to support the advancement and commercialization of Solaires’ perovskite photovoltaic technology.