French solar PV module manufacturer Holosolis has obtained 220 million euros (approximately $255.2 million) in public and private funding to support the construction of a 5GW module manufacturing plant in France.
The latest round of financing comes from French industrial company Calés Technologie and Swiss cold-forming company Forming. These investors, alongside Armor Group, Groupe IDEC, Heraeus, InnoEnergy, and TSE, are supporting the manufacturing facility. Holosolis expects to begin commercial operations by 2030.
Upon commissioning, the Holosolis plant will become Europe’s largest solar module factory.
