AE Solar to build 10GW module manufacturing facility in Romania

The total value of AE Solar’s investment for the 10GW module facility to be built in Romania will be €1 billion. Image: PJ Gal-Szabo via Unsplash.

German manufacturer AE Solar plans to build a module manufacturing plant with a 10GW annual capacity in Romania.

In the first phase, the company would set up a 2GW production capacity which could be completed later this year, according to the Romanian Government.

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The factory will require an investment of €1 billion (US$ 1.06 billion), with the Government looking into unlock European funding or state aid to support the construction of the project.

Upon completion of the project and full integration of the production flow, the facility would reach an annual capacity of 10GW, representing a third of the European Commission’s (EC) goal to reach 30GW of European manufacturing capacity by 2025 across the entire value chain.

Since the EC unveiled its Green Deal Industrial Plan to boost the domestic renewable manufacturing industry other companies have announced plans to build a production plant for solar panels in Europe, including utility Iberdrola and Spanish manufacturer Exiom with a 500MW tunnel oxide passivated contact (TOPCon) facility in Spain planned for this year.

The company uses different technologies for the production of its solar panels, including heterojunction and TOPCon. However, AE Solar did not provide any further information when PV Tech reached out about the announcement.

“This investment will place Romania at the centre of the European production of solar panels, contributing substantially not only to energy independence, but also to protecting the environment, by using renewable, clean energy for the production of electricity,” said Romanian Prime Minister, Nicolae-Ionel Ciucă.

Moreover, the European Commission recently approved a €259 million scheme from the Romanian Government aimed to support investments in solar PV cells and panels in Romania.

PV Tech publisher Solar Media is extending its Large Scale Solar conference series to Southern Europe with the first edition in Athens, Greece during 4-5 July. The event will focus on an ever-growing market such as Southern Europe with a packed programme of panels, presentations and fireside chats from industry leaders responsible for the build-out of solar PV projects in Greece, Romania and Croatia. More information, including how to attend, can be read here.

26 November 2024
Málaga, Spain
Understanding PV module supply to the European market in 2025. PV ModuleTech Europe 2024 is a two-day conference that tackles these challenges directly, with an agenda that addresses all aspects of module supplier selection; product availability, technology offerings, traceability of supply-chain, factory auditing, module testing and reliability, and company bankability.
26 November 2024
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Large Scale Solar Central and Eastern Europe continues to be the place to leverage a network that has been made over more than 10 years, to build critical partnerships to develop solar projects throughout the region.
11 March 2025
Frankfurt, Germany
The conference will gather the key stakeholders from PV manufacturing, equipment/materials, policy-making and strategy, capital equipment investment and all interested downstream channels and third-party entities. The goal is simple: to map out PV manufacturing out to 2030 and beyond.
17 June 2025
Napa, USA
PV Tech has been running PV ModuleTech Conferences since 2017. PV ModuleTech USA, on 17-18 June 2025, will be our fourth PV ModulelTech conference dedicated to the U.S. utility scale solar sector. The event will gather the key stakeholders from solar developers, solar asset owners and investors, PV manufacturing, policy-making and and all interested downstream channels and third-party entities. The goal is simple: to map out the PV module supply channels to the U.S. out to 2026 and beyond.

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