- Business
- ARISE Technologies Corporation ARISE Technologies Corporation (APVNF), a Canada-based solar technology company founded in 1996 and headquartered in Waterloo, Ontario, develops and manufactures photovoltaic (PV) products; the company operates through three primary divisions including PV cell manufacturing, which produces and supplies solar cells to module makers; PV silicon production, which generates high-purity 7N+ silicon wafers specifically for PV applications; and PV systems, which designs, engineers, and deploys complete solar energy systems for solar farms, rooftop installations, residential, commercial, industrial, and public sector customers primarily in North America, with additional manufacturing of silicon homo-junction solar cells in Germany and ongoing research into hetero-junction and multi-junction technologies. The company serves the renewable energy sector by providing end-to-end solar solutions from raw materials to installed systems, targeting module manufacturers, project developers, and end-users seeking energy efficiency analysis, solar design services, and opportunity assessments. Geographically, operations span Canada, the United States, and Europe through its German production facility.
In recent developments, Sunlogics Power Fund Management Inc. acquired substantially all assets of ARISE Technologies Corporation for CAD 5.4 million, marking a significant transaction that transfers core operations and intellectual property as of early 2024. This asset sale represents a major strategic shift for the company, transitioning from active manufacturing and R&D to a post-acquisition structure under new ownership amid challenging market conditions in the solar industry. No additional major partnerships, funding rounds, or product launches have been reported in the last 1-2 years.