An Italian cleantech company has acquired land in the industrial area of Cittadella, in Padua, to build a gigafactory for making high-efficiency solar modules.
FuturaSun’s plant will be built on a 24,000 sq metre plot and will be able to produce 2GW of solar panels a year at full capacity.
The company is committing to a total investment of €25m in the production facility.
The project fits into the company’s strategic industrial plan, and it follows through on the European mission of rebuilding the supply chain for solar panels.
Alessandro Barin (pictured), CEO of FuturaSun, said: “With this new industrial hub, we believe we can enhance our hometown while also becoming a reference point in the HORIZON IBC4EU project, a programme within the REpowerEU plan and the European Green Deal to revive the Italian and European photovoltaic industrial supply chain in support of continental energy transition strategies.”
The facility will include new headquarters for FuturaSun, designed according to across-the-board environmental and sustainability criteria, an R&D centre for applied scientific research, a large test-field for product control and improvement, a PV Academy and a training centre.
FuturaSun was founded in Cittadella in 2008 and has a gigafactory already active in China and two others under construction.