Eternal Sun has acquired Wavelabs to enhance its position in the solar testing market and expand its global operations.

Information on the Target

Eternal Sun, a leading specialist in solar simulation for testing photovoltaic panels, has acquired Wavelabs, a German company recognized for its market leadership in the development and production of advanced LED solar simulators tailored for solar cell testing. This strategic acquisition allows Eternal Sun to expand its operations into the adjacent market of solar cell testing. Following the investment from Bolster Investment Partners in May 2025, this acquisition represents a significant milestone in Eternal Sun's international growth strategy.

Industry Overview in the Target’s Specific Country

The solar energy industry in Germany has been witnessing considerable growth, driven by a robust commitment to renewable energy sources and innovative technological advancements. As one of the pioneers in solar technology, Germany is home to numerous leading companies and research institutes that contribute to the evolution of solar energy solutions.

In recent years, Germany has made significant strides in solar panel production, encouraging the adoption of cutting-edge technologies such as tandem and perovskite so