FuturaSun announces new 2 GW solar module factory in Italy

Italian solar panel manufacturer FuturaSun has purchased land for its new 2 GW solar module factory in an industrial area near Padua, Italy.

FuturaSun has announced plans to build a 2 GW solar module factory in Cittadella, Veneto, Italy. The company said it will initially invest 25 million euros ($26.4 million) in the new plant. At present, 24,000 square meters of land have been obtained for the factory.

The new factory will produce high-efficiency solar panels, the company said, without providing further technical details. It currently produces n-type interdigitated back contact (IBC) modules, as well as PERC panels and heterojunction (HJT) products.

Headquartered in Cittadella, Italy, in the province of Padua, the company operates two solar module factories in China with a combined capacity of 1 GW. Its Italian employees focus on R&D in the areas of interdigitated back contact (IBC) cells, cylindrical ribbons, glass-glass solutions and modules with individual sections.

After the completion of the new factory, it will become the second gigawatt photovoltaic module manufacturing factory in Italy. Italian utility Enel is currently building a 3 GW facility in Sicily, southern Italy. The facility is expected to begin commercial operations this year. The company is betting on n-type HTJ cells with 25.5% efficiency. It says this could lead to module efficiencies of more than 24%