French startup plans 5 GW solar module factory

Holosolis aims to construct a new factory in Hambach, northwestern France, close to where REC previously had plans for a 4 GW heterojunction panel manufacturing facility.

From pv magazine France

French startup Holosolis, a spinoff of EIT InnoEnergy, has revealed plans to build a module manufacturing facility in Hambach, near Sarreguemines, in northwestern France.

The location is the same as that of a now-abandoned factory project by Norwegian solar module manufacturer REC. It originally planned to build a 4 GW heterojunction panel factory there.

The new factory will have a capacity of 5 GW and will start commercial operations in 2027. Holosolis, which is currently based in Grenoble, said it had also considered other locations in Germany, Poland, Portugal and Spain for the project.

The company said it will invest €710 million ($772.1 million) in the new facility.

This post appeared first on PV Magazine.

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