Solar Foods

© Solar Foods

Investments & Finance

Business Finland Commits EUR 77.8M to Solar Foods’ Industrial Solein Facility

Finnish food technology company Solar Foods has secured EUR 77.8 million in combined public financing for the construction and commissioning of Factory 02, its planned industrial-scale Solein production facility in Selkäharju, Lappeenranta. The package, approved by Business Finland, comprises a EUR 39.6 million grant and a EUR 38.1 million R&D loan under the EU’s IPCEI (Important Projects of Common European Interest) framework. Both are conditional on Solar Foods reaching a …

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Ambrosia Collective

© Ambrosia Collective

Ingredients

Solar Foods’ Solein Enters US Consumer Market in Sports Nutrition Partnership

Finnish food technology company Solar Foods has reached its first US consumer product placement, with sports nutrition brand Ambrosia Collective introducing a Solein-based protein powder under its Planta line for test marketing, ahead of a planned nationwide rollout this summer. The ready-to-mix powder, available in a salted caramel coldbrew flavour, delivers 20g of protein per serving with no sugar. It is currently sold through Ambrosia Collective’s website and on Amazon. …

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Solar Foods

© Solar Foods

Fermentation

Solar Foods Secures €350,000 in EU Hydrogen Valley Project to Expand Solein Output

Finnish food technology company Solar Foods has joined BalticSeaH2, a large-scale EU-funded hydrogen initiative, receiving €350,000 to increase production capacity of Solein at its Factory 01 facility in Finland. BalticSeaH2 is a five-year project launched in June 2023 with a total budget of €33 million, of which €25 million comes from the EU’s Clean Hydrogen Partnership under RePowerEU. The consortium spans 40 partners across nine Baltic Sea countries and is …

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