
Italian PV panel manufacturer FuturaSun has acquired 24,000 square metres of land to build a factory with 2GW production capacity in a year, relaunching its PV supply chain in Europe.
Located in the industrial area of Cittadella, the factory is part of FuturaSun’s total investment of €25 million over the next few years. The factory is also in line with the European Commission’s plan of rebuilding the supply chain on the continent.
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“With this new industrial hub, we believe we can enhance our hometown while also becoming a reference point in the Horizon Ibc4eu project,” said Alessandro Barin, CEO of FuturaSun.
According to European Commission, the Horizon Ibc4eu project develops “cost-effective and sustainable bifacial interdigitated back contact (IBC) solar cell and module technology on pilot line level”.
The factory will also include an R&D centre for applied scientific research, a large test field for product control and improvement, a PV academy and a training centre to recreate the expertise of industry professionals.
Currently, FuturaSun has a factory in China with an annual production capacity of 1GW.