FuturaSun Plans New 2 GW Solar Module Facility in Italy

• FuturaSun commits to an overall financial investment of EUR 25 million over the next few years in the new facility.
• The new HQ will have R&D center, a huge test-field, a PV Academy and also a training center to recreate the proficiency of sector specialists.

European solar module maker headquartered in Italy, FuturaSun has announced that it has obtained a 24,000 sq meters plot of land in the industrial park of Cittadella (Padua) to establish a new Italian solar module Gigafactory. FuturaSun claimed that the new factory will certainly reach a 2 GW annual production capacity of high-efficiency photovoltaic or pv modules that will certainly be manufactured employing the most innovative innovations.

With this vital step, the FuturaSun commits to a complete financial investment of EUR 25 million over the next few years. FuturaSun stated that the solar module facility suits the company's critical industrial strategy, and it follows through on the European mission of rebuilding the European supply chain, with FuturaSun playing one of the major players.

Alessandro Barin, CEO, FuturaSun, said, "With this new industrial hub, we believe we can boost our home town while also becoming a reference factor in the REpowerEU plan as well as the European Green Bargain to revive the Italian as well as European photovoltaic industrial supply chain on behalf of continental power shift methods."

The new head office will certainly be designed according to across-the-board environmental and also sustainability requirements and also will certainly include an R&D facility for used clinical research study, a big test-field for product control and also renovation, a PV Academy and also a training center to recreate the competence of sector professionals.

FuturaSun was founded in Cittadella in 2008. After 15 years of uninterrupted growth, with a Gigafactory already active in China as well as two others unfinished, the business continues in its project to reposition the supply chain, starting another initiative 0of reviving the Veneto area of photovoltaics in Cittadella.

2022 was a record year when the solar PV industry in Europe grew by about 47 percent-- going from 28 GW in 2021 to over 41 GW in 2022. Italy itself included greater than 1 GW of solar setups. Symphonious keeping that, EU initiatives to produce a production ecosystem are additionally relocating apace, with charitable support from the EU. Over 5 GW of cell and also module manufacturing facilities have currently been revealed, with even more enthusiastic plans for backward combination expected to follow quickly