Italian solar module producer FuturaSun has announced it will build a new gigafactory with an annual production capacity of 2 GW to produce high-efficiency solar modules in Italy for a total investment of €25 million to be spent over the next few years.
The company has not revealed the technology it plans to deploy for the modules at the new fab, stating only that the 'most innovative technologies' will be used.
To be located on 24,000 sqm plot of land acquired by the company in the industrial area of Cittadella in Padua region where the company is based, the new fab will also comprise an R&D center for applied scientific research along with a large test-field for product control and improvement. FuturaSun says the facility will also host a PV Academy and a training center.
"With this new industrial hub, we believe we can enhance our hometown while also becoming a reference point in the REpowerEU plan and the European Green Deal to revive the Italian and European photovoltaic industrial supply chain in support of continental energy transition strategies," said FuturaSun CEO Alessandro Barin.
FuturaSun currently operates a 1.2 GW module manufacturing fab in China's Taizhou region and is adding another 1 GW fab in Suzhou province. In November 2022, it announced plans to develop a sister Gigafactory in Italy and enter European module production with 1 GW annual capacity which it said will use IBC cell technology of ISC Konstanz (see Italian Solar Module Producer Expanding In China).
This news follows another Italian solar gigafactory announced by Enel Green Power with 3 GW heterojunction (HJT) technology back in November 2021 (see 3 GW Bifacial HJT Modules Fab In Europe).
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