London's Solarcentury Holdings announced today it completed $27.1 million in financing.

The manufacturer of photovoltaic and solar thermal products said it plans use the cash to fund its product development and international expansion strategy.

"This new investment further strengthens our position as a leader in building integrated solar products," said Jeremy Leggett, founder and CEO of Solarcentury.

The financing was led by zouk ventures, a London cleantech investor, and co-led by Switzerland's Good Energies, a global investor in renewable energy.

"Solarcentury has an impressive track record in the U.K. solar market and we are excited about the prospect of further European expansion," said Samer Salty, CEO of zouk ventures.

Solarcentury sells its products to commercial, residential and public sector customers in the U.K. and other European countries, focusing on building integrated product solutions.

Also joining the funding round was Vantania Holdings and Foursome Investments, along with existing investors VantagePoint Venture Partners and Scottish and Southern Energy.

Solarcentury, with operations in the U.K., France and Spain, said it has installed over 500 solar systems.

The company said its installations include the Eden Project, Vauxhall Cross Bus Terminal and Europe's largest vertical solar facade on the CIS Tower in Manchester.