星期三, 25 12 月, 2024
Home PV News Europe Midsummer begins construction on 50 MW factory in Italy

Midsummer begins construction on 50 MW factory in Italy

The factory will be built with the financial support of the Italian government. It will mostly serve southern European markets.

Source:pv magazine

Swedish BIPV module manufacturer and CIGS turnkey equipment supplier Midsummer has begun work on its 50 MW manufacturing facility in Bari, in the southern Italian region of Apulia.

The company said the factory is being built with the support of the Italian Ministry of Economic Development (MISE) and the Italian investment institution Invitalia, which is part of the Italian Ministry of Finance, which provided a €38 million low-interest loan for the project.

Overall, Midsummer expects to invest around €66 million in the new manufacturing facility. Production is expected to start next summer. Around 35% of the investment would be covered by the grants and 23% by the low-interest loans. The funds come from the economic stimulus program of the Italian government to rebuild the economy.

“We will increase our maximum production capacity tenfold and the factory will make Midsummer the largest manufacturer of thin-film solar cells in Europe,” said CEO Sven Lindström. So far the manufacturer, which, in addition to flexible thin-film modules also offers solar roof tiles, has a production facility in Järfälla, Sweden.

he factory will be equipped with the company’s own DUO machines.

Midsummer says it has seen a 500% increase in incoming orders in the third quarter. The demand for its PV modules, which are just two millimeters thick and extremely light, at three kilograms per square meter, is claimed to be very strong in the Nordic countries. The products that will be produced in Bari in the future are primarily intended for customers in southern Europe, the manufacturer said.

The factory will be operated by the wholly-owned subsidiary Midsummer Italia.

LEAVE A REPLY

Please enter your comment!
Please enter your name here

- Advertisment -

Most Popular

Liu Zhuo, Sales Manager of TBEA, delivered a speech titled “Green Energy Makes Life Better” at COP16

On the afternoon of December 9, Liu Zhuo, Sales Manager for the Middle East Region at TBEA, delivered a speech titled "Green Energy Makes...

Side Event Themed “Solar empowers land and People from scarcity to prosperity:Integrated Solutions for water, food and ecosystems” took place at COP16

The side event of the 16th Conference of the Parties to the United Nations Convention to Combat Desertification (UNCCD) (COP16) "Solar empowers land and People from...

COP16 China Pavilion Side Event Series Report: Wang Weiying of China Renewable Energy Engineering Institute Proposed Coordinated Development of Renewable Energy and Ecology in...

The China Pavilion held a side event with the theme of "Planning and Ecological Design of Solar PV Power Stations in Desert Areas" on the...

Gao Sheng of Gaoming Technology said Solar greenhouses promote the development of agriculture in desertified area at COP16

The 16th Session of the Conference of the Parties to the United Nations Convention to Combat Desertification (UNCCD) (COP16) "Off-grid Solar Energy Empowers...