pv

France

HoloSolis secures over €200M in financing to launch Europe's largest solar panel factory

French manufacturer of European solar PV cells and modules, HoloSolis, has secured over 220 million euros in public and private funding to build one of Europe’s largest solar gigafactories in Sarreguemines-Hambach.
 Courtesy of HoloSolis.
Courtesy of HoloSolis.

Backed by Calés Technologie and Forming, and a solid base of long-standing investors including InnoEnergy, TSE, Groupe IDEC, Armor Group, and Heraeus, the project is set to generate 2,000 direct jobs and reach a production capacity of 5 GW per year. Once fully operational by 2030, the plant will produce enough solar modules each year to power one million European homes, representing a significant milestone for Europe’s energy independence.

To achieve this scale, HoloSolis draws on a robust mix of private capital, regional support and national industrial policy instruments. The funds will be used to finalise the design of the factory, deploy TOPCon technology, and support recruitment and supply-chain setup. In doing so, HoloSolis contributes to building a fully “Made in Europe” solar manufacturing ecosystem and strengthening Europe’s energy sovereignty. The HoloSolis facility will help Europe to reach its goal of having 40 percent of PV deployed in Europe to be made in Europe, as set by the Net Zero Industry Act.

“HoloSolis already had strong partners: InnoEnergy, Armor Group, IDEC, TSE, and Heraeus” said Bertrand Lecacheux, CEO of HoloSolis. “I am very proud that new partners are joining us! We will be able to benefit from their expertise to build the largest TOPCon cell and module gigafactory in Europe. Several photovoltaic developers have chosen to invest in the project and we have a total of more than 20 GW of customer letters of intent, which demonstrates the strength of our business model.”

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HoloSolis

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