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Italy

FuturaSun manufacturing project selected for EU funding

The project, named FENICE (FuturaSun advancEd italiaN manufacturIng CEntre), has entered the Grant Agreement Preparation stage, marking a crucial milestone towards establishing a state-of-the-art factory specializing in next-generation photovoltaic modules.

FENICE Project: leading the way in solar energy for Europe

The FENICE project is a groundbreaking initiative, as it will introduce the production of photovoltaic modules based on advanced technologies like n-type and xBC (Back Contact) in Italy and Europe. This project positions FuturaSun as a key player in a strategic sector, delivering modules with efficiency rates above 24%, fully developed in Europe.

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In a market where more than 95% of modules currently come from China, FENICE offers a new path toward an independent, resilient, and sustainable supply chain.

Supporting the energy transition and sustainability

The new factory aims to produce over 7.6 GW of high-efficiency photovoltaic modules within its first 10 years of operation. This will make a significant contribution to Europe’s energy transition goals, as the EU targets 49% of energy in the building sector to come from renewable sources by 2030.

A technological and employment hub

In addition to its environmental benefits, the project will have a strong economic and employment impact. The factory, fully powered by renewable energy and with an annual production capacity of 1.4 GW, will create more than 250 direct jobs and 380 indirect jobs, becoming a technological hub for the local community.

Strategic collaborations and continuous innovation

The project is part of a larger effort to develop a European supply chain, with Italian suppliers providing encapsulants and backsheets, and European suppliers delivering glass, ribbons, and frames.

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FENICE also includes plans for a research center open to collaboration with universities and other institutions, encouraging the ongoing development of new photovoltaic technologies like IBC, n-type, and Tandem Silicon-Perovskite. This will complement the research already being pursued by FuturaSun through its Rome-based start-up, Solertix.

A strong commitment to Europe’s energy future

FuturaSun has been growing steadily for over a decade and continues to invest in innovation and sustainability. With a strong presence in Europe and globally, the company is ready to scale up distribution of the modules produced at the FENICE factory, aiming to help build a sustainable, resilient, and competitive energy future for both Italy and Europe. The project will be covered by direct funding from the European Union through the Innovation Fund with 21 mln €.

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The next major step for the project will be the preparation and signing of the Grant Agreement with the European Climate, Infrastructure and Environment Executive Agency (CINEA), the granting authority, to officially secure the funding. (hcn)