FuturaSun to build 10GW solar cell plant in China

Facebook
Twitter
LinkedIn
Reddit
Email
The future solar cell plant in China will cater to the recently announced Italian module assembly plant along with the Chinese plants. Image: FuturaSun.

Italian solar manufacturer FuturaSun has signed a strategic agreement with the government of the city of Huai’an in China to build a 10GW solar cell manufacturing plant.

The company will invest €150 million (US$163 million) in the new plant which will be carried out in two phases over the course of three years.

This article requires Premium SubscriptionBasic (FREE) Subscription

Unlock unlimited access for 12 whole months of distinctive global analysis

Photovoltaics International is now included.

  • Regular insight and analysis of the industry’s biggest developments
  • In-depth interviews with the industry’s leading figures
  • Unlimited digital access to the PV Tech Power journal catalogue
  • Unlimited digital access to the Photovoltaics International journal catalogue
  • Access to more than 1,000 technical papers
  • Discounts on Solar Media’s portfolio of events, in-person and virtual

Or continue reading this article for free

Once completed and operational, the plant will produce n-type solar cells based on tunnel oxide passivated contact (TOPCon) technology.

Starting in spring 2024, the production process will be highly automated and will supply both the Italian – which was recently announced, with a 2GW annual capacity – and Chinese module assembly plants.

The Italian company recently announced plans to build a module assembly plant in Cittadella, Italy, in a move to bring back the solar PV supply chain industry in Europe.

The solar cell plant will be located in the same region – in the Jiangsu Province – as the two module assembly plants in eastern China. The first module plant was opened in 2020, in Taizhou and the second facility is currently under development in Suzhou.

“This is an extraordinary and unprecedented project in which our Italian Group sets the goal of entering an arena that has so far been dominated by Chinese big players. It is a testament to our ability to reach new frontiers and turn seemingly-impossible dreams into reality,” said Alessandro Barin, CEO and co-founder of FuturaSun.

27 June 2024
9am BST
FREE WEBINAR -This special webinar will take a deep dive into the latest PV ModuleTech Bankability Ratings pyramid, capturing the relative bankability status of the top 70-80 PV module suppliers globally. In addition to revealing the latest ranking of global PV module suppliers, PV Tech’s Head of Research, Finlay Colville, will show the depth of analysis and commentary included within the report for module suppliers. A key output from the webinar will be to learn which PV module suppliers have moved up the rankings pyramid in recent years and why this growth has been achieved. Conversely, some of the companies that have fallen down the rankings will be discussed, in particular those suffering from market-share losses and financial problems.
8 October 2024
San Francisco Bay Area, USA
PV Tech has been running an annual PV CellTech Conference since 2016. PV CellTech USA, on 8-9 October 2024 is our second PV CellTech conference dedicated to the U.S. manufacturing sector. The event in 2023 was a sell out success and 2024 will once again 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 in the U.S. out to 2030 and beyond.
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.

Read Next

Sponsored
June 17, 2024
At SNEC 2024 last week, PV Tech spoke to John Zhang, deputy general manager of inverter manufacturer and smart energy provider Hypontech.
Sponsored
June 17, 2024
During SNEC 2024 event, PV Tech spoke with Hopewind's Sara Wang about its range of products at the event, and its latest rebranding efforts.
Sponsored
June 17, 2024
This year at SNEC, the booth of Quanwei Solar Technology (QW Solar) attracted many visitors to participate in its interactive experiments.
June 14, 2024
PV Tech's coverage of the SNEC 2024 trade show continues on day two, kicking off with a discussion with GCL System Integration.
June 13, 2024
PV Tech's coverage of the SNEC PV Power expo 2024. We are reporting live from the exhibition floor at the world's biggest PV trade show.
June 11, 2024
China’s surge is not just a ripple but a tidal wave, with over US$450 billion in surplus factory investment threatening to flood the market over the next three years.

Subscribe to Newsletter

Upcoming Events

Solar Media Events
July 2, 2024
Athens, Greece
Solar Media Events
July 9, 2024
Sands Expo and Convention Centre, Singapore
Solar Media Events
September 24, 2024
Warsaw, Poland
Solar Media Events
September 24, 2024
Singapore, Asia