FuturaSun has introduced plans to construct a 2 GW photo voltaic module manufacturing unit in Cittadella, Veneto, Italy. It’s stated to initially make investments €25 million ($26.4 million) within the new manufacturing unit. It has already acquired 24,000 sq. meters of land for the manufacturing unit.

The corporate stated the brand new facility will produce high-efficiency photo voltaic panels, with out offering additional technical particulars. It now produces n-type interdigitated back-contact (IBC) modules, in addition to PERC panels and heterojunction (HJT) merchandise.

“The undertaking matches the corporate’s industrial strategic plan, and it follows the European mission to rebuild the European provide chain, with FuturaSun taking over the function of one of many foremost gamers,” stated FuturaSun CEO Alessandro Barin.

The corporate is predicated in Cittadella, within the province of Padua in Italy, and operates two photo voltaic module factories with a complete of 1 GW in China. Its Italian employees focuses on R&D in areas reminiscent of interdigitated back-contact (IBC) cells, cylindrical ribbons, glass-glass options and modules with unbiased sections.

The brand new manufacturing unit, if constructed, would be the second gigawatt-scale PV module manufacturing facility in Italy. A 3 GW facility is presently being constructed by the Italian utility Enel in Sicily, southern Italy. This facility is anticipated to start business operation this 12 months. The corporate is betting on n-type HTJ cells with an effectivity of 25.5%. It says that it may end up in module efficiencies of over 24%.

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