Solar module manufacturer from Italy FuturaSun will be adding 1 GW production capacity to its portfolio with a new Gigafactory and Research & Development Centre in China's Suzhou province for which it is acquiring 55,000 m2 land at an industrial site, and also announced a 'sister Gigafactory' in Italy.
In late October 2022, the Italian producer signed a land acquisition deal for the Suzhou site, which is to be completed in a year's time. The company is already operating 1.2 GW module manufacturing facility in Taizhou region of China, which went up from 1.05 GW it reported in October 2020 when it added 550 MW capacity (see China PV News Snippets: FuturaSun, Sungrow).
The company is also focused on the European market where it has announced a 'sister Gigafactory' to be located in Italy, also with 1 GW annual capacity. It will help the company 'meet the development demands of a European market increasingly oriented towards supporting the energy transition'.
The Italian fab will be based on interdigitated back contact (IBC) solar cell technology developed by Germany's ISC Konstanz. FuturaSun is also part of the new EU R&D project consortium on IBC technology (see EU's IBC4EU Solar Project With ISC Konstanz).